The double entry in the books to write off goodwill is

Question 1 Report

The double entry in the books to write off goodwill is

debit Goodwill account, credit capital account

debit Goodwill account, credit revaluation account

debit profit and loss appropriation account, credit Goodwill account

debit Trading account, credit Goodwill account

Partnership Accounts

Principles Of Double Entry

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