Goodwill is recognized in partnership when
...Goodwill is recognized in partnership when
The business makes a huge profit
The business has adequate bank balance
A partner is dormant
A new partner is admitted
Correct answer is B
No explanation has been provided for this answer.
.........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7 800.............
In the not-for-profit-making organization, the excess of income over expenditure is? ...
The purchase of two generators by Hassan Electronics Enterprises should be recorded as? ...
The balance in a sales Ledger Counter Account indicates the ...