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Goodwill entry in admission

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Goodwill entry in admission

Posted by Hritik M 8 years, 1 month ago

CBSE > Class 12 > Accountancy

6 answers

Innocent Girl 8 years, 1 month ago

ohne jina pusheia ohna daso sisooooo?????

Sirat Sidhu 8 years, 1 month ago

If partially brought in cash Premium for goodwill Dr New partners current A/c Dr To old partners capital A/c

Sirat Sidhu 8 years, 1 month ago

If one old partners gain then entry Premium for goodwill Dr Gaining partner capital A/c Dr To sacrificing partner capital A/c

Sirat Sidhu 8 years, 1 month ago

If not brought in cash then only one entry i.e. New partner's current A/c Dr To old partners capital A/c (To be distributed in sacrificing ratio)

Sirat Sidhu 8 years, 1 month ago

If goodwill brought in cash Bank/cash A/c Dr To premium for goodwill 2nd entry Premium for goodwill Dr To old partners (To be distributed in sacrificing ratio)

Innocent Girl 8 years, 1 month ago

bank a/c dr. to premium of goodwill a/c

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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