How does the factor ‘Efficiency of Management’ affect the goodwill of firm? Post category:Accountancy Reading time:1 mins read SOLUTION If the manager is capable and competent, the firm will earn high profits which will increase the value of 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 PostHow does the factor ‘Location’ affect the goodwill of a firm? Next PostHow does the factor ‘quality of product’ affect the goodwill of a firm? You Might Also Like S, B and J were partners in a firm. T was admitted as a partner in the partnership firm for 1/15th share of profits. Calculate the sacrificing ratio of S, B and J. July 29, 2022 Give the journal entry to distribute General Reserve and Profit and Loss Account balance appearing on the liabilities side of Balance Sheet. September 26, 2022 X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. They decide to share future profits and losses in the ratio of 2 : 3 : 5 with effect from 1st April, 2019. They also decide to record the effect of the following accumulated profits, losses and reserves without affecting their book values by passing a single entry . July 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
S, B and J were partners in a firm. T was admitted as a partner in the partnership firm for 1/15th share of profits. Calculate the sacrificing ratio of S, B and J. July 29, 2022
Give the journal entry to distribute General Reserve and Profit and Loss Account balance appearing on the liabilities side of Balance Sheet. September 26, 2022
X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. They decide to share future profits and losses in the ratio of 2 : 3 : 5 with effect from 1st April, 2019. They also decide to record the effect of the following accumulated profits, losses and reserves without affecting their book values by passing a single entry . July 27, 2022