0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the journal entry to write off goodwill?
Debit retained earnings / amortizationCredit goodwill account
What types of items are auctioned off on the site for Goodwill?
All types of items are auctioned off on the site for Goodwill. The items for the auctions come from the donations that are made by the public. Anything that you have ever given to Goodwill would possibly be a candidate for being auctioned on their site.
What is amortization of goodwill?
Amortization is the process of writing off intangible assets such as goodwill,patents, trademarks, license etc. The portion of goodwill(or any other intangible asset) to be amortized in a particular accounting year is treated as revenue expense and is charged to the Profit and Loss Account of that year.
How do you get a pay stub as a goodwill employee?
I work at goodwill and I'm sure they have a way to get you your pay check stub. I've had all of my pay stubs printed off for me, after I logged into the computer in the break room and spoke to my manager about getting hard copies.
Name items which are not included in cost sheet?
Provision for Bad Debts, cash discount, Trade discount, Preliminary expenses written off, Goodwill written off,
What is the journal entry to write off goodwill?
Debit retained earnings / amortizationCredit goodwill account
What is the Journal entry to write off a goodwill explain the entry?
To write off goodwill, you debit the goodwill account and credit the accumulated impairment loss account. This entry reduces the value of goodwill on the balance sheet to its recoverable amount. Goodwill is typically tested for impairment annually or whenever there are indicators of potential impairment.
Is goodwill store closed on Memorial Day?
yes! But each store may have different rules about holidays, Calling ahead is advised, as individual locations may implement holiday schedules comprised of reduced hours or outright closings. In many locations Monday is special half off tag day.
If you shop at goodwill can you use the total amount of money you spend as a tax write off?
No. You are purchasing items when you buy them from goodwill.
What types of items are auctioned off on the site for Goodwill?
All types of items are auctioned off on the site for Goodwill. The items for the auctions come from the donations that are made by the public. Anything that you have ever given to Goodwill would possibly be a candidate for being auctioned on their site.
What clothing sales does goodwill have?
On Sunday's stuff there is 50% off
Should half day be hyphenated?
The use of a hyphen is often in question when referring to two words. If one is using "half day" to modify another noun, then proceed with using the hyphen. For example, a "half-day holiday", and "I took half a day off".
What day do French teens have the day off?
At school French teens only go to school half of the day on Wednesday, and they also go to school on Saturday for half of the day also.
What is the holiday after memorial day?
In the US, the next federal holiday after Memorial Day is the Fourth of July. The next holiday without time off is Father's Day.
Can your period come on one day and go off the next day and them come on again?
Yes
What holiday is after memorial?
In the US, the next federal holiday after Memorial Day is the Fourth of July. The next holiday without time off is Father's Day.
Is a partner who buys off another partner required to to pay goodwill?
No. It's up to both partners to reach an agreement, but there is no legal or ethical requirement to pay for goodwill.
