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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Super profit is the difference between _____________. - Accountancy

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Question

Super profit is the difference between _____________.

Options

  • Capital employed and average profit

  • Assets and liabilities

  • Average profit and normal profit

  • Current year’s profit and average profit

MCQ
Fill in the Blanks
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Solution

Super profit is the difference between Average profit and normal profit.

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Chapter 4: Goodwill in partnership accounts - Multiple choice questions [Page 132]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 4 Goodwill in partnership accounts
Multiple choice questions | Q I 2. | Page 132
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