When a purchase business is revalued, the effect is that<...
When a purchase business is revalued, the effect is that
A decrease in the value of asset has no effect on value of goodwill
An increase in the value of asset is treated as an increase in the value of goodwill
A decrease in the value of asset is treated as an decrease in the value of goodwill
An increase in the value of asset is treated as an decrease in the value of goodwill
Correct answer is D
No explanation has been provided for this answer.
Receipt and payments: 31st December 2016 Cash at bank------460 Ne...
Holder of ordinary shares do not have the right to ...
Which of the following is not used in Public accounting? ...
A suspense account is used to ...
A decrease in the provision for doubtful debts result in ...
The total credit sales for a period can be extracted from the? ...
When the debit side total of an account, it means that the account has ...
The accounting method that reports incomes when earned and expenses when incurred is called ...