Accountancy, asked by suchismita2, 1 year ago

wat is goodwill ?Define methods of goodwill?

Answers

Answered by siyara

when someone does something without selfishness and purely for the benefit for the other person it so termed as goodwill. some ways to do good things are giving charity and helping your close ones.

suchismita2: wrong answer btw ..

siyara: sorry I thought this was related to literature

suchismita2: haa haa !!This is accounting que nt literature !!

siyara: yah I just noticed

Answered by rjb3699

Goodwill is a excessive earning capacity of an entity in an industry among other firms.....

three methods
Capitalisation method
Superprofit method
Annuity method......

okk MITU

suchismita2: thanks Babu ❤

rjb3699: hehe its okay MITU

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