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How is goodwill calculated under the super profits method? - Accountancy

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How is goodwill calculated under the super profits method?

थोडक्यात उत्तर
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उत्तर

  1. Purchase of super profit method: Goodwill is calculated by multiplying the super profit by a certain number of years of purchase.
    Goodwill = Super profit × No. of years of purchase

  2. Annuity method: Value of goodwill is calculated by multiplying the super profit with the present value of the annuity.
    Goodwill = Super profit × Present value annuity factor

  3. Capitalisation of super profit method:
    Goodwill = `"Super profit"/"Normal rate of return" xx 100`
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पाठ 4: Goodwill in partnership accounts - Short answer questions [पृष्ठ १३३]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 4 Goodwill in partnership accounts
Short answer questions | Q III 2. | पृष्ठ १३३
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