Accounts
This query is : Resolved
12 December 2013
y goodwill account is debited in case of issue of shares to promoters
13 December 2013
This is theoretical only, in practical there is no such practice of showing goodwill. The goodwill has to be in line with the AS-26, & AS-14. IFRS-3, 10. Apart from that all goodwill, if any. to be amortized to PL a/c..
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