Question 46

The double entry in the books to write off goodwill is

A.debit Goodwill account, credit capital account
B.debit Goodwill account, credit revaluation account
C.debit profit and loss appropriation account, credit Goodwill account
D.debit Trading account, credit Goodwill account

Objective

Question details

Exam body: WAEC
Subject: Accounts - principles of accounts
Year: 2007
Question no.: #46
Type: Objective

More from this paper

See all Accounts - principles of accounts 2007 questions