Partnership accounts: Calculation of Goodwill (Super profit basis method)

Calculation of Goodwill (Super profit basis method)

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in this method we get to know how to calculate goodwill in Super profits Basis method. This method is slight different from average profit method.

 More about Goodwill and partnership accounts:

Average profits method.

Partnership accounts: Calculation of Goodwill (average profit method)

Calculation of Goodwill (average profit method)

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There are various method to calculate goodwill. But in this method we get to know how to calculate goodwill in average profits method.