What are the Goddwill calculation Methods?
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Answer / shiva krishna g
1) Average profit method
2)Super profit Method
3) Capitalisation Method
Is This Answer Correct ? | 13 Yes | 2 No |
Answer / ashish baisoya
1) average profit method
2) super profit method
3) Capitalisation Method
4) annuity method
Is This Answer Correct ? | 11 Yes | 2 No |
Answer / triloksharma71
Goodwill as a term was originally used to reflect the fact
that an ongoing business had some "prudent value" beyond
its assets, such as the reputation the firm enjoyed with
its clients. Likewise, a buyer may agree to "overpay"
because he sees potential synergy with his own business.
The accounting sense of goodwill followed as a possible
explanation of why a firm sells for more than the value of
its current assets.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / raghavendra
super profit method,and capital employed method
Is This Answer Correct ? | 1 Yes | 2 No |
what is the capital goods?
plz send me the accounting questions and answers of bank of america.
0 Answers Accenture, Bank Of America,
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On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000 cash and opened a bank account with Rs.1,50,000. He purchased furniture for his business for Rs.25,000. Goods were bought from Deendayal for Rs.50,000 on credit. He sold goods for Rs.27,000 in cash and 30,000 on credit. He paid Rs. 2,500 for business expenses during April month. Rs. 10,000 was withdrawn for office purposes from the bank. Find out the closing balance of cash and bank.
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