Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is good will and what are the different types of good
will

Answer Posted / arun kumar

the value of reputation of the business or person is called
goodwill.
Goodwill comes under fixed assets group.
there are two types of calculating of goodwill
super profit method
avarage profit method

Is This Answer Correct ?    39 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What qualifications have you achieved?

1042


what is the basic difference between pooling of interest method and purchase method in amalgamation

3696


From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast

2014


what s account

2056


Why did you select accounting as your profession?

1002


Mention whether the account "cash" will be credited or debited when a company pays a bill?

1151


we had company we provide work others they deducted tds how to pass entries in my company please tell me

3396


what is casual receipt? is it exmpted in income tax?

3824


Explain me how much mathematics knowledge is necessary or required in accounting?

1026


Explain what is ledger?

1082


example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

2191


6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

2000


what are cost accounting and its applications?

1075


Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

2038


dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?

1468