Question

hii...plz explain the methods of goodwill entry...no need any silly answers plz​

Answer 1

Answer:

HERE IS YOUR ANS. MATE...

Explanation:

GOODWILL ARISES, A GOODWILL ACCOUNT IS CREATED.........

@_@

HOPE IT WILL HELPS YOU.......

Answer 2

Answer:

When goodwill arises, a goodwill account is created, and a debit entry is made for goodwill. Credit entries are then made in the capital accounts of the old partners. The share that each partner gets is based on their old profit and loss sharing ratios

Explanation:

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