Give two characteristics of Goodwill. Post category:Accountancy Reading time:1 mins read SOLUTION (i)It is an intangible asset not a fictitious asset. It is a valuable asset; (ii) It is helpful in earning excess profits. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 PostDefine Goodwill. Next PostHow the goodwill is valued under the average profit’s method? You Might Also Like What is the formula for calculating sacrificing ratio? September 26, 2022 Give the meaning of ‘Cash’ for the purpose of preparing Cash Flow Statement. (C.B.S.E. 2019) October 4, 2022 K Ltd., a manufacturing company obtained a loan of Rs. 6,00,000, advanced a loan of Rs. 1.00,000 and purchased machinery for Rs. 5,00,000. Calculate the amount of Cash Flow from financing and investing activities. (C.B.S.E. 2019, M.P.) October 6, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Give the meaning of ‘Cash’ for the purpose of preparing Cash Flow Statement. (C.B.S.E. 2019) October 4, 2022
K Ltd., a manufacturing company obtained a loan of Rs. 6,00,000, advanced a loan of Rs. 1.00,000 and purchased machinery for Rs. 5,00,000. Calculate the amount of Cash Flow from financing and investing activities. (C.B.S.E. 2019, M.P.) October 6, 2022