Accountancy, asked by rutikshagaonkar7015, 23 hours ago

J and K are partners in a firm. Their capitals are: j Rs. 3,00,000 and K Rs. 2,00,000. During the year ended 31st March, 2010 the firm earned a profit of Rs. 1,50,000. Assuming that the normal rate of return is `20%`, calculate the value of goodwill of the firm:
(i) By Capitalisation Method: and
(ii) By Super Profit Method if the goodwill is valued at 2 years' purchase of super profit.

Answers

Answered by bineethpro

0

Answer:

13,000,000

his is not the answer OK

try your luck

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