Business Partnership

1. PartnershipAccounting for goodwill1 2. GoodwillGoodwill = Selling price as a going concern –Fair value of separate net assetsGoodwill = Selling price – (Assets –…

Documents 1 Partnership Accounting for goodwill. 2 Goodwill Goodwill = Selling price as a going concern –...

Partnership Accounting for goodwill Goodwill Goodwill = Selling price as a going concern â Fair value of separate net assets Goodwill = Selling price â (Assets â Liabilities)…