what is good will and what are the different types of good
will
Answer Posted / stanzin
Goodwill is the value of reputation of a firm based on its profit earning capacity. It is fixed but intangible asset of the firn.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
List the type of transactions entered in journal proper.
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
what is the procedure to appoint an Austrlian citzen as indian company director...
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
how calculate intrest on advance tax ? and penalty on vat?
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
In which account does the unpresented cheque will get recorded?
What are the 4 types of ppe?
You are a B.E Student? How can u manage Banking?
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
Tell me why some asset accounts have a credit balance?
Please let me know Under head of Sales Advance?
What is compound journal entry?
what do you consider to be the biggest challenge facing the accounting profession today?