.Archive Pages Design$type=blogging$count=15$label=hide



Timestamp :: 9/6/2015 11:00:30
Name :: Poonam

Your Country :: India
Question Title: :: Goodwill

Explain your question in detail :: Goodwill is asset for company but how we
can evaluate it in Monetary term because it is intangible assets and what
will be the journal entry?

Answer : Yes, we  can easily calculate goodwill value in money. For example I am operating this website from 2008. I worked hard. There are lots of people come here for reading accounting contents. If I sell it to 3rd party,

I will take website payment + reputation value which can be easily be calculated on the basis of page views. Any web hosting company  can calculate it and fix the price of goodwill of my website. Like any offline shop, there is the value  of goodwill on the basis per month sale. If a business shop will sell 500000 Rs. Per month sale and normal sale of same market is 300000 rs. , it means he has right minimum 50% of total exces sale estimation in the form of goodwill. Search svtuition.org, you can find its journal entries.


Accounting Accounting Notes Accounting Presentations Accounting Software Accounting Solutions Business & Finance Business Solutions Career Solutions Computers & Internet Education Educational Solutions Finance Solutions Financial Accounting journal entries Latest Answers Management Accounting Philippines question Renting & Real Estate Rewards Small Business Tally Tax Solutions Taxation testimonials video
Accounting ! Answers: Goodwill?
Accounting ! Answers
Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago