ADMISSION OF A PARTNER + GOODWILL VALUATION (PART 1)

[@FOGAccountancyTutorials]

Please the old WhatsApp number isn’t working anymore This is the new WhatsApp number👇🏻 [phone] Thanks

[@boymandaothmary6760]

But goodwill it is55000 but you have used 50000 why..?

[@collinsogutu5607]

Excuse,,,I t a burning question,, can I bring it here you help me solve it

[@mbwanarajab4756]

How about that good will sir . Im confuse about 50,000 and there 55000 Reply sir

[@nangithiamagdalene4961]

you don't reply on WhatsApp

[@simonokumu5137]

Sure

[@chriskabwe7320]

Someone may think Accounts is easy when following your lessons.... you make things look easy. You are a LEGEND Sir May God Bless you.. Chris from Zambia

[@philemonfungula5470]

Bro where is the 50,000 coming from on the account for goodwill

[@moureenmungai2083]

What a teacher!! You are a legend FOG! Love from Kenya 🇰🇪

[@rengensimonpeter5563]

Sir, ur my best Lecturer. I like ur Patience in the lecturing. Ur my Role model. May God bless and prosper u the more. Simon from Uganda.

[@FinneyTorrey]

It's supposed to be 50,000 in the question. There was a mistake for putting it as 55,000 in the question

[@osamadupe1018]

I saw that as well.

[@vincentochieng5960]

FOG you are a genius man .I really do appreciate you teaching skills

[@BintaJallow-j8r]

Since I found his channel I’m addicted , best accounting teacher ❤

[@luzukobekizulu755]

indeed you are making accounting easy, shout out from South Africa you are appreciated.

[@jobochieng9211]

Interesting lessons each day.. Thank you . From Kenya

[@mbokwazykheswa7849]

I thank God for your life. You make everything fun and enjoyable. Thank you sir. All the way from Lesotho 🇱🇸

[@ekowsagoe1641]

Legend, legend legend- i have an exam to write on this topic on the 30th- God bless you😘

[@priscillakumah5223]

Same paper brought me here😂all the best

[@noeltangara2124]

We are many ...30th is tomorrow

[@billybobisnotavailable]

I hope you passed

[@tinkmpho]

Same 30

[@amankhalfan4798]

Thank you so much Mr FOG am business subject teacher but am very interested with your lesson and they add something good to me. Keep it up .🇹🇿

[@wanjikugichungo7847]

Thank you sir, you were of great help to me, I followed you on all the units in FA and passed very well without any physical class attendance😂. Continue with your great work sir God bless you. From Kenya.

[@frankmuoki8123]

Kenyans are really benefitting from YT,,,this guy's deserves a big applaud

[@brianmwangi861]

Thank you so much for these lessons, you make accounting easy. I am from kenya

[@jakablaque]

Your tutorial is straight and precise to the point, what a legend!!!,God bless.

[@CharityZvoushe-eb9os]

You are too much. You are my mentor in accounting. I am seeing myself passing with flying colours.

[@akatukundalynnet8088]

These lessons are amazing . I do appreciate Sir 🇺🇬

[@amarabockarie3956]

I filled so confident whenever I watched your videos ,thanks very much God bless you.

[@ruthmariatu3398]

Thank you very much fog I do appreciate your lectures from Sierra leone 🇸🇱

[@mudasirashiraf7040]

Thanks very much sir l really appreciate ur services ur really mi best lecturer ever

[@VorsahKobla]

this man is very patience ❤❤❤😂🎉

[@Real_fact010]

I like him. 😂😂❤❤. He’s very calm and gentle while solving

[@amalijane6756]

Thanks for the great work, am good to go now, best wishes from Uganda

[@zabbykipkoechlangat3223]

I appreciate this so much🇰🇪

[@kauriabrian7752]

Hello

[@kauriabrian7752]

How can I reach you am from +254

[@boymandaothmary6760]

Why does goodwill used is50000 in stead of 55000?

[@trevorkanyenda3748]

I'm loving your lessons Sir

[@januchavali]

Thank you for your lecture sir.❤️ From India.

[@stellaeziike]

Very helpful and easy to understand, thank you

[@soighirdine5409]

your are the best lecture sir , thanks u

[@kassimmaalim8973]

Thank you very much......ur lesson is very interesting . Sir I request u to post revaluation and realisation accounts in other classes

[@ebisuarez12]

Your lesson is so marvelous dear thanks your so much

[@johnwanje98]

Thank you very much Mr FOG . Your teaching is wonderful 👍. please upload also a tutorial on cash flow statement if possible

[@bunmamprecious5421]

I am enjoying what I am seeing

[@ebrimakambi9698]

I love your lectures sir . Thank you so much

[@Farm_Side]

Good Evening Sir FOG. Pls when preparing the goodwill account, you shared ghc 50,000.00. equally b/w adu and boateng. Pls how did you come by that figure? The question says ghc 55,000.00.

[@biancatracy4146]

Plese reply this question

[@mbwanarajab4756]

Even my self isee this problem

[@danceworld7304]

Me also

[@euniceoduraa6518]

Myself too 🙏

[@augustinanwaiwu2026]

God bless you sir, Ur explanation makes understanding account very easy. Sir pls can you do a video on Amalgamation of partnership account

[@SfisoHlophe-wd7yy]

Thank you very much this video is useful❤

[@nabbaalegorreth2145]

Best tuitor🥰🥰🥰

[@OMITOROJJA]

Interesting lexuz From uganda

[@Rene-d7i]

hello sir.how did you get that 25000 for goodwill account because i dont see it in the question

[@patrickngarukiyintwali2461]

Hello sir? Where did you get those 50,000GHc in calculating Goodwill account under capitals of each partner both Adu and Boateng? Thank you

[@akueimakur2595]

Exactly what I was thinking

[@Ihsanlearner]

This is where on the second page of the Question, I mean there is written 55,000 but it is actually GHc50,000. Thanks

[@emmanuelgondo4027]

Thank you for your help from Eswatini

[@worldanchor1920]

Good work sir Kindly do something on Non profit organizations Thanks from Kenya 😊

[@WiltomOmondi]

Mkuu kumbe tuko pamoja huku😂

[@ismailhassan6924]

Banaa wakenya😂😂😂💪

[@divinendu3184]

So nice tutorial sir

[@emanuelotieno9430]

At the goodwill i can see you ate dividing capital which is 50000 by 2 but i cant see the 50000 in the question

[@malikmuqtar326]

but how do you write 50,000 of good will when the figure of good will is 55,000. plz answer me

[@akobanyamfrancis2783]

Sir your lesson is good

[@VictoriaAyobami-b3o]

So lovely 🥰 thank you so much sir 🎉❤ please sir, I have a question I don’t know if I should drop it here

[@TidaSecka]

Thanks so much I really appreciate you

[@WinroseKinya-tu9xl]

good work

[@eloghosasamuelalohan5557]

Have you done a video of how to to calculate goodwill yet?

[@rhinhobismarn6249]

I have found this video relevant

[@blessingjohnson1523]

Good morning Sir,Please where did you get the 50,000 in the Goodwill account from ?

[@adepahjennifer7706]

Pls can l get the question because ur camera was not so l can't see the second question

[@patiencetsigbey7487]

Please do you have video on joint venture

[@selaseavornyo224]

thanks a lot for this video. please I'll appreciate if you could help me with this. Goodwill was valued at an amount equal to the lower of the average annual profits of either the three or five years expiring on the date of retirement. the profits are 2012: $100. 2013: $200. 2014: $250. 2015;. $150. 2016: $350. the partner retires on 2016. how do you value the goodwill please.

[@lydiaeric742]

My GAM ( Ghana Accounting Master) always😂

[@MrLinkTV]

Splendid

[@KMartha18]

Still confused where the 50000 came from in the goodwill account 😢

[@bhaminisangar3471]

Hi Sir, Wasn't Goodwill 55000?

[@brunanannan2695]

Yh

[@leeroychenje6750]

In a case where we have our goodwill revalued in the additional information and we have another figure in the balance sheet which one do we use in the goodwill for example where you used 50000 plizzzzzz assist it's urgent

[@Morganmugunga]

THANK YOU SIR FOR HELP

[@FOGAccountancyTutorials]

Welcome 🙏🏽

[@kiritlemaila2350]

I'm writing exam tomorrow at 8am kanti why didn't I see this early

[@Wemakethemarket]

Thanks a lot ❤

[@laantsino1394]

What then is the new profit sharing ratio after the introduction of the new partner

[@Real_fact010]

You no get eyes?

[@AbhaySingh-ke7ej]

Great From india

[@osamadupe1018]

Why isn't there share of profit please? Anyone can help

[@davismuntolol9883]

There's no full vedio that shows Goodwill will not be maintained on the goods

[@Zyzzbruh]

love from india

[@briankarasira9572]

Hi Mr Felix I need you to tell me how you've got the goodwill of 50,000GHC yet in the question we have been given 55,000 GHC as a goodwill paid by Mr Collins Thank you

[@takudzwaburgley6678]

😅😅😅😅😅 c'mon that was just a mistake .....just fix it alone

[@goodluckpius1126]

That 50000 goodwill drive my head AWAY. Where you get that 50000 goodwill SIR

[@4our4our54]

Good day SIR. Sir Please you can press and hold on the camera to lock the video to give you a stable video without the change in focus and brightness please

[@alhassanjalloh5418]

Yes sir do you teach mathematics

[@Richarline]

I need the alternative approach

[@talasoelema7779]

Where do we get 50000 from 😢

[@FelixNaimodu]

Where is this 50000 your appointmening in the goodwill account

[@philemonfungula5470]

Where is the 50,000 coming from on the goodwill account

[@neemamoses7147]

Thanks in advance sir

[@aa.jayyyy]

Most of the time, you keep on misquoting the figures in the questions making your solutions different from ours.... it makes it difficult to know if we have actually understood it.... Thank you

[@sheillajoan8434]

Thank you sir

[@talenttbhehane7429]

Good day sir how are you I’m seeing goodwill according to the narration is 55000 but on your goodwill account you used 50000

[@patriciamwanyangapo3741]

same question I have here

[@iemberwaribo7465]

Yes, i reall didn't't understand why happen there too

[@charlesmangi-lr5wl]

How did you get 50000 as goodwill sir

[@amadoujallow4138]

Thanks sir

[@wilnakusare7985]

Mmh. I have an exam on Wednesday

[@AmpeireElizabeth]

🎉🎉😊

[@nancymdemeka1876]

That will be a cheat😊❤

[@dami8305]

i would hate to be the new partner cl🤣🤣🤣

[@abdifatahabdalla2909]

Mr. Felix i was unable to understand where Adu (1/2×50,000)= 25000 Boteng ( 1/2×50,000)= 25000 Where do that 50,000 coming from. Please clarify

[@abdifatahabdalla2909]

The goodwill

[@abdifatahabdalla2909]

you have just assumed but not in the question

[@PeterEbuara]

Unical students gather here

[@franciskanambahu3055]

Thank you🇳🇦

[@thevisionary5005]

Do you have accounting WhatsApp group

[@oguntolarapheal7339]

You are too fast sir

[@RuvarasheMarowa]

🫡🇿🇼

[@henrychikuni9599]

@FOGAccountancyTutorials was goodwill 50000 or 55000

[@ebrimakambi9698]

I want to join your watsapp group

[@bubafatty8259]

i want to join the whatsapp group

[@FOGAccountancyTutorials]

Send me a message on whatsapp

[@julianaamarachi9416]

@@FOGAccountancyTutorials I want to join your whatsapp group, sir