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Goodwill t account

This topic has 1 reply, 2 voices, and was last updated 4 years ago by P2-D2.

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May 14, 2018 at 5:03 pm #451881
zkaay
- Topics: 212
- Replies: 98
Hi sir,

I am confused.

Regarding goodwill t account i saw the opening balance stated on right side and closing ststaed at left side ( treated like liabilities and equity)

However goodwill isnt an assets? So should put openning balane on left side and closing on right side?

Thanks v much
May 16, 2018 at 8:06 pm #452312
P2-D2
Keymaster
- Topics: 4
- Replies: 6227
Hi,

I think was just a mistake in the example/solution.

Thanks
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