Goodwill example sentences



In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).The expenditure incurred on various fixed are to be shown separately for various fixed assets which include goodwill, land, buildings, leaseholds, plant and machinery, railway sidings, furniture and fittings, patents, livestock, vehicles, etc.We had had our time of peace and goodwill, a time I will treasure as long as I live.In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).Moreover, it also includes certain non-operating items such as interest paid, profit/loss on sale of fixed assets, etc) and non-cash items (such as depreciation, goodwill to be written-off, etc.Improving goodwill and motivation level of employees are examples of qualitative standards.In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).To illustrate, valuing closing stock at cost or market value whichever is lower; creating provision for doubtful debts, discount on debtors; writing of intangible assets like goodwill, patents, etc.For realisation of any unrecorded assets including goodwill.In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).But the moment we form a party, all the goodwill we have earned all these years will be lost.In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).It is granted to those customers who have reasonable amount of financial standing and goodwill.

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