Accountancy, asked by bipinshaw, 1 year ago

caculate the value of goodwill at thrice the average of the last three years profit the profits of the last three years ware 24000. 25000 and 26000

Answers

Answered by aanchalagarwal05
5
goodwill= average profit ×3
Average profit= (24000+25000+26000)/3
=75000/3
=25000
goodwill 25000×3
=75000
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