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How will you deal with good will when new partner brings his share of goodwil in cash?

Updated: 9/17/2019

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Q: How will you deal with good will when new partner brings his share of goodwil in cash?

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Related questions

How will you deal with goodwill when new partner brings his share of goodwill in cash?

as an income

What does cash flow per share mean?

Cash flow per share means how much any company has earned cash flow per outstanding share same like net profit per share which is as follows: cash flow per share = total cash flow / number of outstanding shares

Give the difference of a capitalist partner and an industrial partner?

Capitalist partner is a partner who invests cash or properties while an Industrial partner is a partner who invests skill or expertise in a partnership.

Shares issued for cash increase assets?

Yes share issue increase current assets as we received cash against share issuance and the general entry is: [Debit] Cash xxxxx [Credit] Share Capital xxxx

How can i get cash back from a starter check?

Share your link above to earn cash rewards. Shop Now buttons activate sitewide cash back cutt.ly/IhVuh5A

Where is Cash flow per share reported?

Cash flow per Share is sometimes reported in the financial press. It is not to be reported on the financial statements.

Share issue journal entry?

Debit cash / bankCredit share capital

How is share premium entered into the books?

Debit Cash accountCredit share capitalcredit share premium accoun

What is the journal entry of Share issue at par?

Debit cash / bankCredit share capital

What will be the journal for Sold share and received cash?

Assuming this is a sale of shares for a business, then Debit cash Credit share capital Being proceeds from sale of shares

How do you pass journal entries for partner's admission?

[Debit] Cash / bank / goods / assets [Credit] Partner's capital account

How do you calculate cash flow ratio?

The Cash Flow Ratio is used to compare a company's market value to its cash flow.Formula:CFR = Market Price per Share / Present Value of Cash Flow per ShareCash Flow per Share = Total Cash Flow / Total No. of outstanding Shares

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