Interested to Buy Any Domain ? << Click Here >> for more details...
What is the goodwill, how it will be calculeted.can
Goodwill posted on laibiltes side Balance sheet.
- 9 Answers
- 11400 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
In the above answer posted by me instead of mentioning
Goodwill should be shown only on the Assets side, I have
mentioned as on the Liabilities side by oversight. I regret
the mistake & request the readers to note the correction.
GOODWILL CAN NOT BE SHOWN ON THE LIABILITIES SIDE, IT WILL
APPEAR ON THE ASSETS SIDE OF THE HORIZONTAL BALANCE SHEET OR
UNDER 'APPLICATION OF FUNDS' IN VERTICAL BALANCE SHEET.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
what is book building
Tell me entries to revenues accounts such as service revenues are usually?
when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions
What is purchasing order?
If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?
if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.
Tell me what is reversing journal entries?
What is the difference between accrual
Mention the types of ledgers?
what is the new rate of c.s.t in uttraklhand
How can do it TDS in accounts?
What is use of subject history in banking?
why only 6 months interest is charged on drawings
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
