what is good will and what are the different types of good
will
Answer Posted / preamkumar
"god will is the cuurent value of expected future income in excess of a normal return on investment in the net tangible assets"
goodwill is the reputation nad it is a intangible asset
it is of two types:
1.purchased goodwill
2.non-purchased or self generated goodwill
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
saji become insolvant -what is journal entry
what is a register when referring to accounting or bookkeeping?
Account for letter of credit in the books?
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
Accounting for vc money in financials
How to show Airticket Expense on Company's A/c as Company expense
What are accounting entities?
wht is different between defered tax liablities and defered tax assets??????
what is the process of cenvat credit taken in service tax( in direct & indirect service)
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
What is an operative accounts?
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!