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Goodwill t account

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Goodwill t account

Viewing 2 posts - 1 through 2 (of 2 total)
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  • May 14, 2018 at 5:03 pm #451881
    zkaay
    Participant
    • 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: 7171
    • ☆☆☆☆☆

    Hi,

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

    Thanks

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