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what is good will
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Answer / pradeep gunuguntla
The value of reputation of business / person by name or fame
is called good will. it is intangible fixed asset.
| Is This Answer Correct ? | 35 Yes | 0 No |
Answer / kalyan
goodwill means positive hope about a company in the market.
for ex:if a company is performing very good in mkt.that
company has goodwill in mkt.if any new partner is entering
into the business,that person is asked to pay some amount as
goodwill other than capital as he is enjoying posotion of
company
| Is This Answer Correct ? | 16 Yes | 1 No |
Answer / shahabuddin
Goodwil means the value of reputation of business / person
by name or fame is called good will. it is intangible fixed
asset.For exampal if a company is performing very good in
marke that company has goodwill in market.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / abdullah amer
Good will is the name of and position of the company
in the market.Good will is a fixed asset in the company.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / siddaraja2020
good will is value of the reputation of the firm.it is
expected to higher sales.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sangu ramui
TEH PRESENT VALUE OF ANTICIPATED EXCESS EARNINGS IS CALLED
GOOD WILL
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nagarjuna
The present value of anticipated excess earnings. It is an
intangible asset arises from trade name etc.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / naveen agarwal
GOOD WILL MEAN THE VALUE WHICH CREATE IN MIND OF PEAPLE BY
DELIVERING THE QUALITY OF GOODS AND SERVICES.
EXAMPLE : TATA ,BRILAS RELIANCE
ETC...........................................
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / deepika pattanaik
unseen asset known as good will e.g trade mark, copy right,
patient,etc.
| Is This Answer Correct ? | 2 Yes | 3 No |
Tell us why did you select accounting as your profession?
sir, i m working in an ngo as accountant but new. pleas clear my doubt in tally. suppose 'a' salary is 5000. he taken 3000 advance from salary and not returned. i paid a cheque next month rest 2000. 'b' salary is 10000, taken 5000 advance from salary and returned so i paid him 10000 total salary. what all to do in tally. is the following procedure is ok or not?
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