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Goodwill

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 November 2010 why is goodwill is shown in terms of money in balancesheet.
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CA. BHAVIK DILIPBHAI MEHTA

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CA. BHAVIK DILIPBHAI MEHTA (Expert)
26 November 2010 Only Goodwill acquired by the Company is shown in terms of money in Balance sheet as per AS-26.

Internally generated goodwill is not shown in balancesheet.

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