Accountancy, asked by diksha188792, 10 months ago

answer fast as possible to u people
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Answered by reena283
0

Answer:

goodwill=average profit× 3 years purchase

goodwill=120000×3=360000.

Explanation:

average profit =

total of normal profits

sum of weights

average profits =40000+373000-180000+516000+

1051000/15

=1800000/15

=120000

average profits=120000.

hope it helps you.

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