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Treatment of Goodwill

Lesson 21 of 22 • 3 upvotes • 14:58mins

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Akanksha Chawla

Detailed explaination of Treatment of Goodwill under the following situations 1. When goodwill needs to be raised in the books of accounts and retain in books 2. When goodwill needs to be raised in the books of accounts and written off immediately 3. When goodwill needs to be raised in the books only upto retiring partners share and written off immediately 4. When goodwill need not be shown in the books at all

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1

Meaning of Reconstitution and Modes of Reconstitution of Partnership

14:05mins

2

Admission of a New Partner

14:56mins

3

Calculating Sacrificing Ratio

15:00mins

4

Introduction to Goodwill

15:00mins

5

Calculation of Goodwill by Average Profit Method

15:00mins

6

Calculation of Goodwill by Super Profit Method

14:53mins

7

Calculation of Goodwill by Capitalisation Method

14:50mins

8

Treatment of Goodwill

15:00mins

9

Treatment of Goodwill - When it exists in the Books already

15:00mins

10

Revaluation of Goodwill - Part A

15:00mins

11

Revaluation of Goodwill - Part B

14:41mins

12

Hidden Goodwill

14:42mins

13

Revaluation of Assets & Liabilities

14:58mins

14

Adjustment of Capitals

14:58mins

15

Practice Questions - 1

14:55mins

16

Practice Questions - 2

15:00mins

17

Change in Profit Sharing Ratio

15:00mins

18

Introduction to Retirement / Death of a Partner

14:54mins

19

New Profit Sharing Ration

14:26mins

20

Gaining Ratio

15:00mins

21

Treatment of Goodwill

14:58mins

22

Practice Questions- 1

14:48mins

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