Accountancy, asked by vandana53631, 1 day ago

(Capitalisation Method).
A firm earned Rs. 60,000 as profit, the normal rate of return being `10%` . Assets of the firm are Rs. 7,20,000 (excluding goodwill) and Liabilities are Rs. 2,40,000. Find the value of goodwill by Capitalisation of Average Profit Method.

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Answered by XxBloodMoonXx

It is because soil has percolation rate. The rate at which water goes down a substance is percolation rate. Cement is closely packed. ... So soil absorbs water but cement does not

Answered by royalblood2952003

Explanation:

goodwill = capitalisation of avarage profit - capital employed.

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(Capitalisation Method). A firm earned Rs. 60,000 as profit, the normal rate of return being `10%` . Assets of the firm are Rs. 7,20,000 (excluding goodwill) and Liabilities are Rs. 2,40,000. Find the value of goodwill by Capitalisation of Average Profit Method.

Answers

(Capitalisation Method).
A firm earned Rs. 60,000 as profit, the normal rate of return being `10%` . Assets of the firm are Rs. 7,20,000 (excluding goodwill) and Liabilities are Rs. 2,40,000. Find the value of goodwill by Capitalisation of Average Profit Method.