Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if a new partner pays his share of goodwill in cas

If a new partner pays his share of goodwill in cash? Which method is applied...

90.2K

Verified Solution

Question

Accounting

If a new partner pays his share of goodwill in cash? Which method is applied in the treatment of goodwill?

a.

Super profit method

b.

Revaluation method

c.

Premium method

d.

Average profit method

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

A psychologist conducted an experiment analysing the relationship between student scores in an exam and the...

Biology
1.2K views

Understand and be able to classify the different mechanisms by which gonadal hormones cause sex differences

Biology
1.2K views

Part 1: Select one of the cell parts from the list below. 1.     Nucleus 2.     Centrosome 3.     Rough ER 4.    ...

Mechanical Engineering
1.2K views

1) What is the difference between the closed center Dc valve and the open center Dc valve 2)...

Biology
1.2K views

While screening the effects of various compounds on plant cells, you identify a molecule that...

Physics
1.2K views

AME Q x 10 V m 8 Two points A and B are located in...

Physics
1.2K views

A particle is projected from point A A fly is standing at a tower at...

Physics
1.2K views

A particle is projected from point A A fly is standing at a tower at...

Calculus
1.2K views

Complete the sentence given below In a right triangle the sum of the two acute...

Algebra
1.2K views

6 ts TB MC Qu 04 76 Algo The Wilson Company pur The Wilson Company...

Accounting
1.2K views

Required information AP8-5 (Algo) Recording and Interpreting the Disposal of Three...

Accounting
1.2K views

Provided answers must be in Excel Formulas Format and should go in the yellow and...

Finance
1.2K views

See the "Howard Street Jewelers, Inc." case for this question. Identify the internal...