Good will

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 February 2016 Plz let me know below query

Good will is current asset or Fixed asset?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 February 2016 How should i entry in tally guide me

22 February 2016 Goodwill is an intangible asset. So it will come under fixed assets.

For entry, goodwill will be added to partner capital in liability side and intangible asset under fixed assets in asset side of balance sheet


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 February 2016 Thanks for Ur Above support

In Tally ERP 9 How should i pass journal Entry Guide me.......



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries