Accountancy, asked by Griezmann1492, 10 months ago

. J and K are partners in a firm. Their capitals are J ˆ3,00,000 and K ˆ2,00,000. During the year ended

31.3.2010 the firm earned a profit of ˆ1,50,000. Assuming that the normal rate of return is 20%, calculate the

value of goodwill of the firm : 4

(i) By capitalisation method and

(ii) By super profit method if the goodwill is valued at 2 years purchase of super profits

Answers

Answered by santoshmare18

0

Answer:

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