Is Goodwill a Intangible or Fictitious Asset ?
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Answer / anudeepthi.tanikonda
goodwill is an fixed asset it cant be touched and cant be
seen it can be increase the company market valu.
| Is This Answer Correct ? | 1 Yes | 6 No |
Answer / deepak
yes goodwill is a tengible and fictitions assest
| Is This Answer Correct ? | 3 Yes | 20 No |
what is the entry for rent paid to company, provision for taxes in your books?,
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what is real account
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EXPAND___________MSN
What are the accounting principles or concepts.Expalin briefly.
6 Answers Capital IQ, Genpact, Hyundai,
what is accouunt.
42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkinsā books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.
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