What is meant by “Hidden Goodwill”? (C.B.S.E. 2017, Comptt.) Post category:Accountancy Reading time:1 mins read SOLUTION When the value of goodwill of the firm is not given but has to be inferred on the basis of net worth of the firm, it is called hidden goodwill. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostUnder what circumstances premium for goodwill paid by the incoming partner would never be recorded in the books of account? Next PostWhy should a new partner contribute towards goodwill on his admission? (C.B.S.E. 2017, Comptt.) You Might Also Like N, S and G were partners in a firm sharing profits and losses in the ratio of 2 : 3 : 5. On 31st March, 2016 their Balance Sheet was as under: August 3, 2022 From the following information, calculate Operating Profit before Working Capital Changes: August 18, 2022 Where would you transfer the balance left in the share forfeited account after the reissue of such shares? September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
N, S and G were partners in a firm sharing profits and losses in the ratio of 2 : 3 : 5. On 31st March, 2016 their Balance Sheet was as under: August 3, 2022
From the following information, calculate Operating Profit before Working Capital Changes: August 18, 2022
Where would you transfer the balance left in the share forfeited account after the reissue of such shares? September 28, 2022