What is Goodwill? If it is treated as asset in
Balancesheet then what is on its opposit side i.e.
liability side.
- 10 Answers
- 24440 Views
- PCE, TCS, I also Faced
- E-Mail Answers
Answer Posted / gohar ali pugc
Good Will is nothing else but "A COMPANY REPO"
co create its good will by creating good & reliable
cusomer/consumer.a co generate more profit due to its good
will in the market,A better co is that who purchased raw
material on credit and sell it on cash butt this is posible
when a company has its good will.and there is no treatement
in balance sheet.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
What is the Purpose of Preparing Bank Reconciliation Statement?
is anybody attended interview in ernst&young for EMS PROCESS , pls let me know abt the written test and what type of report writing
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
how to calculate share values of a company.
Meaning of portfolio management?
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
Dear sir i had been called for ntpc interview and gd next month..please guide me for it!
explain Dual entry concept
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
Expand-------NABT
Which Invoice issued on Central Sale Commercial or Retail?
Explain significance of Nastro and Vastro in accounts?
when calculating for np% do i include interest or do i take it off
what is the main difference between nse & bse operations
Expand SCERT
