What is the entry for Good will payment? (received money
for Good will)
- 2 Answers
- 4480 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
bank a/c................Dr.
to goodwill a/c
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / sangeethag
If not recognized Good will as asset before the payment entry
to be recorded as follows:
Bank Dr. *****
To Goodwill (Income P&L) *****
| Is This Answer Correct ? | 4 Yes | 1 No |
How to pass entry in Tally erp 9
Tell me what do you believe makes a successful account executive?
how to answer tell me about yourself in an interview?
7 Answers Genpact, Hindustan Adhesives, InTouch, TATA, Wipro,
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
What is CST ?
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
Tell us did you use accounting applications at your previous companies or prefer working manually?
Home furniture sold goods to Jhon for 150000 on 10th march 2015, due to damage occured in transmit rs 20000 worth of goods have been returned on 16th march 2015. What is the journal entry for both the instances ?
when a customer buys a good. we have to debit bank and credit inventory equaly. but wouldnt selling a good make a profit?
Explain me scrap value in accounting?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
formula for capital turnover ratio
Audit 
