Question

94,000
3= 1,62,000
illustration 5.
Raghav purchased Ridham's business w.e.f. 1st April 2016. The profits disclosed by Ridham business
for the last three years were as follows:
31-3-2014
* 40,000 (including an abnormal gain of 5,000)
31-3-2015
* 60,000
(after charging abnormal loss of 10,000)
31-3-2016
65,000
(excluding * 5,000 on insurance premium of firm's
property-now to be insured)
Calculate the value of firm's goodwill on the basis of two years' purchase of average adjusted
profits of the last three years.​

Answer 1

Answer:

what is meaning of your question please tell me please please please please