An excess of the value of the assets over the purchases c...
An excess of the value of the assets over the purchases consideration for acquisition of business is credited to
General reserve
Capital reserve
Goodwill
Current asset
Share capital
Correct answer is B
No explanation has been provided for this answer.
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Opening capital ---10,800 Drawings----------- 2,500 Trade creditors ----2,560 Trade debtors -----...
Using the following information to answer the given question \(\begin{array}{c|c} Post & Gr...
Which of the following is recorded in the folio column of the journal? ...