Goodwill And Its Treatment in Accounts
Goodwill And Its Treatment in Accounts
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BALANCE SHEET, ist January 1906.
Liabilities.
Assets.
s d s d Nominal Capital 30, 000 o o Goodwill 5, 000 o o 1 Freehold Premises 10, 000 Capital Subscribed, viz. : Plant and Machinery . .
5, 000 o o 25, 000 Ordinary Shares of t Stock-in-Trade ..
5, 000 o o each .. .. .. .. 25, 000 o o Cash at Bank 4, 000 o o Debentures 4, 000 o o 29, 000 o o 29, 000 o o ______ "^~~~"~" The same position of affairs, as modified in accordance with the suggestions contained in Chapter IX. Of this work, would be r...ecorded in the following manner, if instead of the capital GOODWILL IN COMPANIES' ACCOUNTS.
125 subscribed being 25, 000 shares of i each (making a paid-up capital of 25, 000), 20, 000 shares of i each had been issued at a premium of 55. Per share, the premiums upon these shares amounting in all to 5, 000 having been applied to the purchase of the Goodwill without the latter appearing upon the face of the accounts as such : "X. Y. Z. " COMPANY, LIMITED. BALANCE SHEET, ist January 1906.
Liabilities.
What to read after Goodwill And Its Treatment in Accounts?
You can find similar books in the "Read Also" column, or choose other free books by Lawrence Robert Dicksee to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
BALANCE SHEET, ist January 1906.
Liabilities.
Assets.
s d s d Nominal Capital 30, 000 o o Goodwill 5, 000 o o 1 Freehold Premises 10, 000 Capital Subscribed, viz. : Plant and Machinery . .
5, 000 o o 25, 000 Ordinary Shares of t Stock-in-Trade ..
5, 000 o o each .. .. .. .. 25, 000 o o Cash at Bank 4, 000 o o Debentures 4, 000 o o 29, 000 o o 29, 000 o o ______ "^~~~"~" The same position of affairs, as modified in accordance with the suggestions contained in Chapter IX. Of this work, would be r...ecorded in the following manner, if instead of the capital GOODWILL IN COMPANIES' ACCOUNTS.
125 subscribed being 25, 000 shares of i each (making a paid-up capital of 25, 000), 20, 000 shares of i each had been issued at a premium of 55. Per share, the premiums upon these shares amounting in all to 5, 000 having been applied to the purchase of the Goodwill without the latter appearing upon the face of the accounts as such : "X. Y. Z. " COMPANY, LIMITED. BALANCE SHEET, ist January 1906.
Liabilities.
What to read after Goodwill And Its Treatment in Accounts?
You can find similar books in the "Read Also" column, or choose other free books by Lawrence Robert Dicksee to read onlineMoreLess
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