What is Goodwill?
Answers were Sorted based on User's Feedback
Answer / srilakshmi
goodwill is an intangible asset of a company which includes company reputation, fame etc., through goodwill company share value may increases
Is This Answer Correct ? | 12 Yes | 0 No |
Goodwill is an assets of a company which are not exactly measurable in term of money.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vijay
Good will is an intangible asset which neither can be touched nor can be seen.good will should be show in books of accounts if and only if it is purchased in cash or value.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / srinivas.
goodwill is intangible asset we can not touch and see it should show on asset side in balance sheet
Is This Answer Correct ? | 0 Yes | 0 No |
Tell me what are things will not be included in bank reconciliation statement?
1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======
Mr.A repaired a printer of a company and charge a bill of Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct Rs.120 in TDS after couple of day Mr.A received TDS certificate from the company. pass all the entries in the books of accounts.
Differance between US GAAP and UK GAAP?
WHAT DIFF.BETWEEN CAPITAL EXPENDITURE AND CAPITAL REVENUE?
Other accounting interview questions to expect when you interview for an accountancy job include:
If we maintain inventory then if proprietor take the some goods for personal Use then how to we do entry
What is accounting for plant assets?
How to calculate sundry creditors in Tally ERP
Difference between reserves for bad debts & provision for bad debts.
6 Answers HSBC, NRN Business solution, Siemens,
what is rettification of error?
If A are issueing a Cheque to B when B will present the Chq. in Bank than what entry will be prepare by the Bank in Their Books ?