Question

94.Profits & weights for the past four years Prd Ac are as follows: Su Year Profit Weights 2015-2016 2,52,500 1 Α. 2016-2017 3,10,000 2 2017-2018 2,50,000 3 S 2018-2019 3,50,000 4 On scrutiny of the books of account, the following matters were revealed: (1 On 1st December, 2017, a major repair was made in respect of the plant incurring 75,000 which was charged to revenue. Depreciation rate is 10% p.a. on reducing balance method. (ii) The closing stock for the year 2016-2017 was overvalued by 30,000. (iii) To cover management costs, an annual charge of 7 60,000 should be made. Goodwill = ?​

Answer 1

Answer:

hope its help from others

Explanation:

thankuu