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What is purchased goodwill

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What is purchased goodwill

Posted by Disha Singh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Akshita Yadav 6 years, 10 months ago

If one is buying a company along with its assets and liabilities and paying extra then that extra amount will be purchased goodwill for example a company has 200000 of assets and 300000 of liabilities so this 100000 is purchased goodwill. Assets a/c. Dr. Goodwill a/c. Dr. To liabilities a/c

Shanu Kumari 6 years, 10 months ago

Company are purchase goodwill in cash from another company and goodwill is valued of the firm

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CBSE > Class 12 > Accountancy

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Posted by Mohd Aman Mansoori 1 year, 5 months ago

CBSE > Class 12 > Accountancy

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Posted by Srishti Arya 1 year, 2 months ago

CBSE > Class 12 > Accountancy

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Posted by Palak Kumari 3 months, 2 weeks ago

CBSE > Class 12 > Accountancy

0 answers

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Munni Lal 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

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