Accountancy, asked by dpdp72259, 10 months ago

ESTADO
On April 1, 2015 an existing finn had assets of 75.000 including cash of 5,000.
The partner's capital accounts showed a balance of 60,000 and reserve constitute
the rest, if the normal rate of retum is 10% and the goodwill of the firm is valued
24000 at 4 year's purchase of super profits, find the average profits of the firm.


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Answers

Answered by rp159053
1

Answer:

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