मराठी
तामिळनाडू बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य इयत्ता १२

From the following information, calculate the value of goodwill on the basis of 3 years purchase of average profits of last four years. - Accountancy

Advertisements
Advertisements

प्रश्न

From the following information, calculate the value of goodwill on the basis of 3 years purchase of average profits of last four years.

Year Result Amount (₹)
2015 Profit 5,000
2016 Profit 8,000
2017 Loss 3,000
2018 Profit 6,000
बेरीज
Advertisements

उत्तर

Calculation of goodwill:

Year Profit
2015 5,000
2016 8,000
2018 6,000
  19,000
(−) 2017 loss 3,000
Total profit 16,000

Average profit = `"Total profit"/"Number of years"`

= `(16,000)/4`

= ₹ 4,000

Valuation of goodwill = Average profit × No. of years purchase

= ₹ 4,000 × 3

= ₹ 12,000

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 4: Goodwill in partnership accounts - Exercises [पृष्ठ १३३]

APPEARS IN

सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 4 Goodwill in partnership accounts
Exercises | Q IV 2. | पृष्ठ १३३
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×