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Partnership Accounts.

Partnership Accounts. 2.Calculation of Goodwill. Which method to use when it is not specified if we need to use Average profit method or weighted Average profit method for calculating Average profits.

G Aldrin

CA Inter

★ 11K+

30-Oct-20

Answers (3)

If increasing or decresing trend use weighted average otherwise simple average.

Suraj Lakhotia

Admin

30-Oct-20

Thank You Sir.

Thread Starter

G Aldrin

CA Inter

★ 11K+

30-Oct-20

Thread Starter

G Aldrin

Thank You Sir.

Its ok Aldrin G

Arsath K

CA Inter

★ 5

11-Nov-20

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