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Calculate the value of goodwill at 2 years purchase of average profit when average profit is ₹ 15,000. - Accountancy

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प्रश्न

Calculate the value of goodwill at 2 years purchase of average profit when average profit is ₹ 15,000.

योग
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उत्तर

Goodwill = Average profit × No. of years of purchase
= 15,000 × 2

= ₹ 30,000

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अध्याय 4: Goodwill in partnership accounts - Short answer questions [पृष्ठ १३३]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 4 Goodwill in partnership accounts
Short answer questions | Q III 5. | पृष्ठ १३३
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