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Goodwill in liabilities side

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(Querist)
12 June 2008 Goodwill will be shown in asset side, then what is its effect in liabilities side?
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MANAS ROUT

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MANAS ROUT (Expert)
12 June 2008 reserve or according to the situations make clear ur question first.
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C.A Rohit Gambhir

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C.A Rohit Gambhir (Expert)
12 June 2008 On Liabilitiy side it will be Capital Reserve and not Goodwill




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