The amount paid by the new partner on admission as a comp...
The amount paid by the new partner on admission as a compensation for the reputation built up by old partners is a
Bonus
Goodwill
Premium
Commission
Correct answer is B
Goodwill is the excess of the purchase consideration over the total value of an entity
The main reason for adopting a departmental account is to? ...
The accuracy of journalist is checked by? ...
The law that currently regulates the registration of companies in Nigeria is the? ...
Credit notes received are source documents for........ ...
Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - # 4,000 Carria...
Which of the following is a journal as well as a ledger? ...
Purchasers - #44,880 Sales - #85,850 Trade creditors - #12,250 Trade debtors - #24,000 Accrued e...