Accountancy, asked by EJRaistar18, 4 months ago

how is goodwill calculated under the super profits method??​

Answers

Answered by tusarkantapanda
2

Answer:

Super Profit = Maintainable Average profits – Normal Profits. Calculate goodwill by multiplying super profit by the number of year's purchase.


EJRaistar18: thnk u
tusarkantapanda: you're welcome
Answered by Anonymous
2

Super Profit = Maintainable Average profits – Normal Profits. Calculate goodwill by multiplying super profit by the number of year's purchase.


EJRaistar18: thnqqq
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