Question

Goodwill is to be valued at 2 years purchase of 3 years normal average profit of the firm the profit for 2012 -13 rupees 20000( including Insurance claim received of rupees 40000 )the loss for 2013-14 rupees 8000( including voluntary retirement compensation paid rs 11,0000 the profit for 2014-15 rupees 105000 (including a profit of 25000 on the sale of a fixed asset )calculate the value of goodwill​

Answer 1

Answer:

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Explanation:

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