Treatment of goodwill and withdrawal with journal_entry |

In this video we will learn about Treatment of goodwill | Treatment of goodwill Class 12 | Treatment of goodwill in Case of admission class12 | Treatment of goodwill in partnership accounts
Time stamp:
0:30 method to brind goodwill in firm by new partner
1:00 example why partner admit new partner and why new partner bring goodwill in firm
3:33 journal entry when new partner bring goodwill in cash
4:58 journal entry when new partner bring half goodwill in cash
6:35 cr goodwill transfer to current account
6:42 Journal entry when no goodwill were bough by new partner
7:00 withdraw of goodwill by old partners
7:34 method to withdrew goodwill by old partners
7:50 numerical of withdrew goodwill by old partners
8:24 journal entry when partner decided to not withdraw any goodwill
9:33 short trick (old ratio = sacrificing ratio)
10:38 journal entry when partner decided to withdraw the full goodwill
12:32 journal entry when partner decided to withdraw half goodwill
treatmentofgoodwill #goodwill #accountancy #class12 #partnership #admissionofpartner
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