a firm earns 120000 as it's annual profits the rate of normal profits being 10 %the assets of the firm amount to 1440000 and liabilities to 480000 find out the value of Goodwill by capitalisation method
Answers
Explanation:
debited to the profit and loss account is Rs. 900 (Rs. 1,200 – Rs. 300). ... sheet as on that date shall appear as follows : Trading ... The closing stock shall be shown on the assets side of the balance sheet as.
65 pages·266 KBy ltd. agreed to purchase the business of
Rahim and Karim as on 31.03.2002
assets on the date vere Rs 800000 and lich to
outsiders Rs 200000. For the purpuse of sales it
is agreed that 90% of the cussets alone will
be taken over at 10% discount liab are to
be taken subject to rebate of 10%.
Goodwill is deemed
deemed worth Rs 42000. Ascertain
Purchase considerationy ltd. agreed to purchase the business of
Rahim and Karim as on 31.03.2002
assets on the date vere Rs 800000 and lich to
outsiders Rs 200000. For the purpuse of sales it
is agreed that 90% of the cussets alone will
be taken over at 10% discount liab are to
be taken subject to rebate of 10%.
Goodwill is deemed
deemed worth Rs 42000. Ascertain
Purchase considerationy ltd. agreed to purchase the business of
Rahim and Karim as on 31.03.2002
assets on the date vere Rs 800000 and lich to
outsiders Rs 200000. For the purpuse of sales it
is agreed that 90% of the cussets alone will
be taken over at 10% discount liab are to
be taken subject to rebate of 10%.
Goodwill is deemed
deemed worth Rs 42000. Ascertain
Purchase considerationy ltd. agreed to purchase the business of
Rahim and Karim as on 31.03.2002
assets on the date vere Rs 800000 and lich to
outsiders Rs 200000. For the purpuse of sales it
is agreed that 90% of the cussets alone will
be taken over at 10% discount liab are to
be taken subject to rebate of 10%.
Goodwill is deemed
deemed worth Rs 42000. Ascertain
Purchase considerationy ltd. agreed to purchase the business of
Rahim and Karim as on 31.03.2002
assets on the date vere Rs 800000 and lich to
outsiders Rs 200000. For the purpuse of sales it
is agreed that 90% of the cussets alone will
be taken over at 10% discount liab are to
be taken subject to rebate of 10%.
Goodwill is deemed
deemed worth Rs 42000. Ascertain
Purchase considerationy ltd. agreed to purchase the business of
Rahim and Karim as on 31.03.2002
assets on the date vere Rs 800000 and lich to
outsiders Rs 200000. For the purpuse of sales it
is agreed that 90% of the cussets alone will
be taken over at 10% discount liab are to
be taken subject to rebate of 10%.
Goodwill is deemed
deemed worth Rs 42000. Ascertain
Purchase considerationy ltd. agreed to purchase the business of
Rahim and Karim as on 31.03.2002
assets on the date vere Rs 800000 and lich to
outsiders Rs 200000. For the purpuse of sales it
is agreed that 90% of the cussets alone will
be taken over at 10% discount liab are to
be taken subject to rebate of 10%.
Goodwill is deemed
deemed worth Rs 42000. Ascertain
Purchase consideration