Goodwill

This query is : Resolved 

14 June 2009 Can any one please help understand the whole concept and treatment of goodwill in partnership- retirement, admission etc. In cases where they are shown in books, not shown in books(balance sheet) entries, writing off, writing back, sharing between old and existing partners in sacrifice or old or new ratio etc and all other concepts? Please help me. I am not able to understand it how much ever I try. PLEASE HELP

16 June 2009 Hi,
Please refer this site..
http://www.dateyvs.com/gener04.htm

In case of any doubts contact at srini.ca@gmail.com



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