Accountancy, asked by tanushkasingh54, 7 months ago

17. The capital of the firm of Anuj and Benu is 10,00,000 and the market rate of interest is 15%. Annual
salary to the partners is 60,000 each. The profit for the last three years were 13,00,000, 73,60,000 and
4,20,000. Goodwill of the firm is to be valued on the basis of two years' purchase of last three years
average super profits. Calculate the goodwill of the firm.
(CBSE 2019
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Answered by jaisminchawla
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Answer:

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Explanation:

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