合夥會計 商譽處理的方法.ppt

Partnership:Treatment of Goodwill Reference：Chapter 5 (p. 89) Definition of Goodwill (商譽) Goodwill is the excess of the purchase price of a business as a going concern over the value of all separable net assets. Goodwill = Purchase price of - Value of all the business separable assets B Nature of Goodwill Goodwill is a kind of Intangible Assets. Intangible assets are those assets without a physical substance. Goodwill may be generated by good reputation; experienced and efficient employees and management; good relationship with suppliers and customers…… c Valuation of Goodwill 1 Average sales method (平均銷貨法) 　e.g.：Goodwill is three times the average yearly sales for the last two years. The sales for the last two years are $1,000 and $2,000。 Goodwill = [($1000+$2000)/2]X3 = $4500 2 Annual fees method (平均服務費法) 　e.g.：Goodwill is three times the average annual fees received in the last two years. The annual fees for the last two years are $2,000 and $2,500。 Goodwill = [($2000+$2500)/2]X3 = $6750 3 Average net profits method (平均純利法) 　 e.g.：Goodwill is five times the average net profits of the past three years. The net profits for the last three years are $10,000, $15,000 and $20,000。 Goodwill = [($10000+$15000+$20000)/3]X5 = $75000 D Accounting Treatment  of Goodwill 1. Goodwill A/C to be opened / maintained 2. No Goodwill A/C to be opened / maintained * * 21 Dr. Goodwill (increasing amount) Cr. Capital – A – B (Using old profit ratio) e.g. Goodwill is valued at $1,200. The profit sharing ratios of A and B is 2:1. Ans. Dr. Goodwill 1,200 Cr. Capital – A 800 – B 400 Ex. 5.6. (a) (p. 98) e.g. Goodwill is valued at $2,000. The old profit sharing ratio of A and B is 1:1 and the new profit sharing ratio is 3:1. Preparing a Goodwill adjustment table Draw up the journal entry according the table Dr. Capital – A 500 Cr. Capital – B 500 Cr. Capital:B $500 Loss $500 B (?) $500 B (?) $1000 Dr. Capital:A $500 Gain $500