Question

calculate Goodwill taking number of years purchase 2 years year profit. 1. 60000. 2. 70000. 3. 80000. 4. 100000. Additional information; an asset was purchased for Rs 100000 in year 1 on which depreciation was charged on sum basis @ 10 percent the company wanted to charges on written down method @ 10percent​

Answer 1

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