State 'True' or 'False'If the goodwill account raised up, goodwill acc

1.	State 'True' or 'False'If the goodwill account raised up, goodwill account is debited.OptionsTrueFalse
Answer» False Explanation: If the goodwill account is raised, then goodwill or premium account is credited, whereas, cash/ bank account is debited if the amount is brought in cash.

State 'True' or 'False'If the goodwill account raised up, goodwill account is debited.OptionsTrueFalse

Answer»

False

Explanation: If the goodwill account is raised, then goodwill or premium account is credited, whereas, cash/ bank account is debited if the amount is brought in cash.

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State 'True' or 'False'If the goodwill account raised up, goodwill account is debited.OptionsTrueFalse

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