P,Q and R share profit in the ratio of 5:3:2.S is entitled for 1/5th share in profits which he acquires equally from P,Q and R.Goodwill of firm is to be valued at three year's purchase of last four year's profits which are Rs50000,Rs60000 and (-) Rs30000 and Rs40000.S cannot bring his share of goodwill in cash.Credit will be given to:
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A crop is a plant or animal product that can be grown and harvested extensively for profit or subsistence. Crops may refer either to the harvested parts or to the harvest in a more refined state. Most crops are cultivated in agriculture or aquaculture. A crop may include macroscopic fungus, or alga
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A crop is a plant or animal product that can be grown and harvested extensively for profit or subsistence. Crops may refer either to the harvested parts or to the harvest in a more refined state. Most crops are cultivated in agriculture or aquaculture. A crop may include macroscopic fungus, or alga
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