Admission of a ...

The value of the reputation of a firm in respect of the profits expected in future over and above the normal profits is ________.

____________ means withdrawal by a partner from the business of the firm which may be due to his bad health, old age or change in business interests.

The _______ of actual profits over the normal profits is termed as super profits.

Accumulated profits are transferred to capital account in ______ratio. 

Accumulated Profits are transferred to ________________.

Under average profits method, goodwill is valued at agreed number of ________ purchase of the average profits of the past few years.

Accumulated profits are distributed among the partners by transferring it to their _________account.

Who is entitled to have share in accumulated profits?

Normal Profit = ________________

what are accumulated profits ?