Goodwill : Nature and Valuation

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Across
  1. 3. expenses expected to be incurred to earn profit are deducted to determine normal expected profit for valuation of
  2. 4. self generated goodwill is not in the books of accounts
  3. 6. goodwill help in earning than normal profit
  4. 8. purchase goodwill is in the book of accounts
  5. 9. the excess of average profit over normal profit is known as profit
  6. 11. capital invested in the firms business is termed as
Down
  1. 1. when a similar type of business earns profit at a standard percentage of the capital employed this called
  2. 2. Goodwill Is an asset
  3. 5. Land,Buildings, plants & machinery are example of asset
  4. 7. average of the profit of past agreed years is known as
  5. 10. self generated goodwill is an generated goodwill w hich arises from No.of factors