Question

project work: study the methods of valuation of goodwill and accounting treatment in case of admission, retirement or death of a partner. are we supposed to do all three or any one? pls explain how to make this project

Answer 1

hlo dear .....!!

first you explain what goodwill.

Good will is our asset which gave the benfit for long period of time .

then you make a beautiful project..

a and collect ideas through internet.

hope u understand.

mark as a Brainlist .

Answer 2

Goodwill is the money paid by the aspiring partner who wishes to join a partnership form of business, it is computed depending on the percentage of claim the partner may wish to buy, admission is the recruiting the member into the partnership deal and his documents are very necessary the next of keen included, retirement or death of the partner may get the partner out of the deal.