In bpp study text tests there is one question
39 Goodwill should never be shown on the statement of financial position of a partnership.
Is this statement true or false?
A True
B False
the answer is 39 A Goodwill is usually brought in under the old PSR and written off in the new PSR. so it says that it's true
but in bpp revision kit in mock exam 3 the same question has answer that it's false.
which is correct ?
39 Goodwill should never be shown on the statement of financial position of a partnership.
Is this statement true or false?
A True
B False
the answer is 39 A Goodwill is usually brought in under the old PSR and written off in the new PSR. so it says that it's true
but in bpp revision kit in mock exam 3 the same question has answer that it's false.
which is correct ?