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Partnership 1 (Exercise) (TBC)

on July 31, 2022

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Hire Purchases - Exercise 2( HP Interest Suspense Method )

Types of Business Entities in Malaysia

Extracted from : Types of Business Entities in Malaysia

Partnership 2 - Adjusting Goodwill

According to the prudence concept businesses prefer not to open goodwill account in the books as not to inflate its assets. We will learn 3 methods used by businesses to account for their goodwill. 1 Goodwill account is opened 2. Goodwill account is opened and then written off 3. Goodwill account is not opened

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Partnership 1 (Exercise) (TBC)

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