Question

56. The following particulars are available in respect of the business carried on by a partnership firm:
(a) Profits eamed:
3
2017
2018
54,000
2019
62,000
(b) Profit for 2018 is reduced by + 6,000 due to stock destroyed by fire and profit for 2017 included a
non-recurring income of 5,000
(c) The stock is not insured and it is thought prudent to insure the stock in future. The insurance
premium is estimated at 600 pa
(d) Fair remuneration to the partners (not taken in the calculation of profits) is * 24,000 pa,
You are required to compute the value of goodwill on the basis of 2 years' purchase of the average profit
of the last 3 years,​

Answer 1

Answer:

Bhai pata nhi tum kahi aur se puch lo yaar sorry Mark as Brainlest