How does the factor ‘Location’ affect the goodwill of a firm? Post category:Accountancy Reading time:1 mins read SOLUTION Better location will attract more customers resulting in increase in sales and profits which in turn will result in increase in 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 PostWhy is ‘Goodwill’ considered an ‘Intangible Asset’ but not a ‘Fictitious Asset’? (ISC 2020) Next PostHow does the factor ‘Efficiency of Management’ affect the goodwill of firm? You Might Also Like A group of 40 people wants to form a partnership firm. They want your advice regarding the maximum number of persons that can be there in a partnership firm and the name of the Act under whose provisions it is given. (C.B.S.E 2016, All India) September 23, 2022 How will a firm deal with a situation when its partnership deed provides for interest on capital, but the profit earned by it is not enough to do so, at the rate mentioned in the deed? September 26, 2022 If the partner’s capitals are fixed, where will you record interest on drawings and share of profit of a partner? September 23, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A group of 40 people wants to form a partnership firm. They want your advice regarding the maximum number of persons that can be there in a partnership firm and the name of the Act under whose provisions it is given. (C.B.S.E 2016, All India) September 23, 2022
How will a firm deal with a situation when its partnership deed provides for interest on capital, but the profit earned by it is not enough to do so, at the rate mentioned in the deed? September 26, 2022
If the partner’s capitals are fixed, where will you record interest on drawings and share of profit of a partner? September 23, 2022