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Identify weight for the past years while calculating goodwill by weighted average profit: (i) 2017 (a) 1 (ii) 2019 (b) 2 (iii) 2020 (c) 3 (iv) 2018 (d) 4 (e) 5

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Question

Identify weight for the past years while calculating goodwill by weighted average profit:

(i) 2017 (a) 1
(ii) 2019 (b) 2
(iii) 2020 (c) 3
(iv) 2018 (d) 4
    (e) 5
Match the Columns
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Solution

(i) 2017 (a) 1
(ii) 2019 (c) 3
(iii) 2020 (d) 4
(iv) 2018 (b) 2
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Chapter 2: Change in Profit Sharing Ratio among the Existing Partners - OBJECTIVE TYPE QUESTIONS [Page 2.99]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 2 Change in Profit Sharing Ratio among the Existing Partners
OBJECTIVE TYPE QUESTIONS | Q (D) 3. | Page 2.99
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