Sir you are angel for those students who are unable to pay their coaching fee. My friend told me that he had completed his full syllabus by seeing your videos without joining any coaching classes.
Sir I watched so many online tuitors but u r outstanding......i m preparing depatmental examination of income tax officer having only bacholer of Arts degree
Nice sir Due to ur lecture sir , I got concept about accounting as a result I am becoming so much enthusiastic.wush u sir in upcoming future we will help all accounts hunger student like me via uptube and providing notes and I do make u sir I will be ur disciple after two years 📚📚📚📚
Sir plz share video on topic 1Double account system 2Acquisition of bussiness 3Underwritten of shares and debenture 4Disposal or appropriation of profit
@@blast2686 because according to Accounting standard 26, only the goodwill that is paid for i.e purchased goodwill, should be shown in the books of accounts, rest all goodwill is written off i.e distributed among the partners. Hope you Understood!
Sir ek question thha. Usually debit the receiver of benefit and credit the giver of benefit is applicable. But in the case of goodwill treatment at retirement, A ac (dr) ( gaining ratio) B ac (dr) (g.r) To C ac (cr) (sacrificing ratio) Aisa kyun? C should be the receiver of good will at the time of retirement but according to the entry he becomes the giver of benefit
Continuing partner's capital A/c Dr. To Retiring partner's capital a/c Retiring partner is receiving the amount of goodwill and existing or continuing partners has to make the payment of goodwill.
Suno, credit hi hoga Because Hm jb kisi partner ke capital account ko credit krte hai toh uska matlab hota hai ki use paise mile hai and same debit kre toh paise kaate gye hai. Ok
Sir only present value of goodwill hogi then goodwill raise wali questions me kaise solve karenge because mere pas to koi difference Lene ko nhi h. Kindly aap reply de do
Goodwill of the firm is valued at 22000, which is not to be show in the books of new firm. Sir agr y de rekha ho to kya krena h y retirement k time ka h
![#1 Treatment of Goodwill [Concept and Journal Entries] ~ Admission of Partner](http://i.ytimg.com/vi/XQqn9MryWTE/mqdefault.jpg)
![Partner's Loan A/c [Retirement and Death of Partner]](/img/n.gif)
Sir you are angel for those students who are unable to pay their coaching fee. My friend told me that he had completed his full syllabus by seeing your videos without joining any coaching classes.
RIGHT BRO
Yes
By seeing ❌️ by watching ✅️
I am an Income tax Inspector and I frequently watch ur videos. Ur teaching techniques are very lucid.
How to income tax inspector make
@@knowledgeabouteverythingby2788 what r u asking ? Make it clear
@@bivabasu4261 he is asking about your salary
Income tax officer kaise bne sir plz tell me
Bhai paper kaisa gaya iss baar kaa? Bahut difficult tha naa..
Sir I watched so many online tuitors but u r outstanding......i m preparing depatmental examination of income tax officer having only bacholer of Arts degree
such a deep understanding of accounting effects..awesome
Seriously sir I have no word you are such a great teacher amazing
YOUR TEACHING IS VERY USEFUL FOR ME WELL DON SIR THANK YOU SO MUCH ❤💞💖😊
No words. I am a CMA student. I have a lot of doubts regarding goodwill... Thank you so much. now all cleared
Amazing teaching skills 👏👏👏
Nice sir
Due to ur lecture sir , I got concept about accounting as a result I am becoming so much enthusiastic.wush u sir in upcoming future we will help all accounts hunger student like me via uptube and providing notes and I do make u sir I will be ur disciple after two years 📚📚📚📚
Wonderful explanation 👍❤️ with wonderful teacher 🙏🙏🙏👍👍
Sir your way of teaching are excellent.
Sir, wonderful teaching.
Thanks.
Thanks sir,
Very easily mein treatment of goodwill Sikh Gaya.❤️
Amazing sir.... Am appriaciate to u for ur coaching style 🙏🙏🙏🙏
Hi
Sir aap toh almighty hain!
Thanku sir ... finally found a gem 💎!
You are smart teaching sir
Very easy to laearn
Nice and interesting
superb sir...............................
Thank you so much sir for this video. It made my all doubts regarding this very clear..
Sir "insurance premium had been undercharged to the extant of 6000"
Insurance premium undercharged ka meaning????
It means insurance paisa ka 6000 kam dia gya h..
Isko insurance m add krke Revaluation k "BY" side m dikha dena.
I am also single
@@arsalanansari9142 wrong
Debit in reval
K
Sir you are really great sir
why is goodwill in balance sheet distributed among partners?
Thank you so much sir ❤
Sir You are the greatest teacher
Bhot badiya🙌👏👏
When partners write off goodwill(purchased goodwill in the B/s), do they consider it as self earned goodwill too?
Tnxxxxx a lotttt 🙏🏻👏🏻👏🏻👏🏻👏🏻👏🏻💖
Sir plz share video on topic
1Double account system
2Acquisition of bussiness
3Underwritten of shares and debenture
4Disposal or appropriation of profit
Thank you very much Sir ji 🙏🥰
Thank you very much sir ji🙏
Thank you Sir 😊🤗
Really Tnx sir ji 😍😍😎😎😎😘😘😘😘😘
why is goodwill in balance sheet distributed among partners?
@@blast2686 because according to Accounting standard 26, only the goodwill that is paid for i.e purchased goodwill, should be shown in the books of accounts, rest all goodwill is written off i.e distributed among the partners. Hope you Understood!
Thank you sir
Excellent
Thanks a "ton" Sir!!!🤩
Thanks sir nice video
Waah superb teaching sir
A real ca ❤❤❤
Sir plz share video on topic
1accounts of companies in liquidation
2consolidated balance sheet and profit and loss accounts
Sir ek question thha.
Usually debit the receiver of benefit and credit the giver of benefit is applicable. But in the case of goodwill treatment at retirement,
A ac (dr) ( gaining ratio)
B ac (dr) (g.r)
To C ac (cr) (sacrificing ratio)
Aisa kyun?
C should be the receiver of good will at the time of retirement but according to the entry he becomes the giver of benefit
Continuing partner's capital A/c Dr.
To Retiring partner's capital a/c
Retiring partner is receiving the amount of goodwill and existing or continuing partners has to make the payment of goodwill.
Nice 😁 thankyou
Sir jo goodwill ham written off krte hai usko old partners to pay krna padta hai ?
Yaa unhe woh milta hai ?
Please sir reply 🙏
Haa kyunki jb hum us goodwill ko write off krte hai toh partner's ke capital account ko bhi debit krte hai matlab unke account se kaate hai.
Sir consolidated financial statements ka bhi lec daalo na
Thank u so much sir
Really life saving video...
Nice sir
At the end, goodwill in balance sheet will be 120000 or 300000 in this example? (2nd case)
Pl. sir help me or anyone
At 7:52 when we are providing the compensation to c then why c account is being credited instead of debit
Suno, credit hi hoga
Because
Hm jb kisi partner ke capital account ko credit krte hai toh uska matlab hota hai ki use paise mile hai and same debit kre toh paise kaate gye hai.
Ok
Thank You Sir.
Oswem you are great sir
nice video Sir thanks
Thanku sir ❤🧡💚💙💜
Sir only present value of goodwill hogi then goodwill raise wali questions me kaise solve karenge because mere pas to koi difference Lene ko nhi h. Kindly aap reply de do
Raise goodwill at its full value
sir thanks for these videos
Balance sheet may agar goodwill continue karu th goodwill ka amount keya ayega?
Sir ye jo aap ne good will ke treatment bataye hai vo CA foundation ki partnership ke liye relevant hai ?
Yes
Goodwill of the firm is valued at 22000, which is not to be show in the books of new firm. Sir agr y de rekha ho to kya krena h y retirement k time ka h
God of commerce
Sir kya ye possible hai if goodwill a/c not closed diya ho to balance sheet ki goodwill ka effect nikal de.
In calculation of capital of c
Why ₹250 for stock added twice
Sir what if retiring partner sold his share of goodwill to remaining partner?
Sir capital ki entry ka bare main video capital kyo cr Hoti h
capital internal liability hai .liability ka balance credit hota hai
Capital partner ka personal account hai .As per personal account rules Dr. the receiver and cr. the giver.
partner capital le kar aata hai vo capital ke form me cash de raha hai
@@hemanginichaturvedi7126 thanks a lot
@@hemanginichaturvedi7126 kabhi kabhi pata na chale ki receiver kon h or giver kon h toh kya karen
Mast
Sir agar balance sheet pe goodwill jada hain
Or naya goodwill kam aya hai toh
Tab continue karne ke liye goodwill nhi rahti, isliye first option se hi entry hogi
Tq sir
sir..Kya ye goodwill jo balance sheet Mai hoti h ye firm ki loss h?
Nhi ,asset hoti hai
Intangible assets
5:27 (A aur B ko mile ga)* A aur C ko nhi ....🙂
Sir agar balance sheet ki goodwill write off nhi kr rh aur present value of Goodwill less than hai balance sheet ki goodwill se tb kya treatment krege
Present value goodwill mean
Thank sir
sir, which option will be adopt during solving of question because in books their not explained which option is adopt,,,,,,,,,,,,,,,,,
Easy method should be adopted
😊🙏supper sir I'm
Link open nhi ho rha sirji
👍👍👍👍
Please use English to teach so we outside your country can benefit too.
Goodwill debit hoga
Roll no-11 subject-Accountancy School name-Govt boys senior secondary school Rajouri garden (main)
In 2022
Name Vishal Kumar . Class Xii c . Roll no 15 . Sub account
😂
Mela cassette
☺️☺️🙏🙏👌👌👌
Thanks you sir