Partnership Accounts.

Accountancy

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.

ALDRIN G

CA Inter

★ 12K+

30-Oct-20 12:35

654

Answers (3)

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

CA Suraj Lakhotia

Admin

30-Oct-20 12:47

Thank You Sir.

Thread Starter

ALDRIN G

CA Inter

★ 12K+

30-Oct-20 13:29

Thread Starter

ALDRIN G

Thank You Sir.

Its ok Aldrin G

Arsath K

CA Inter

★ 415

11-Nov-20 00:09