Partnership Accounts-/l (Goodwill : Nature and Valu
(Profit & Loss on fixed Assest are given) In a firm
was the financial position :
2014 Profits * 30,000 (Including profit on sale of la
2015 Loss 25,000 (After crediting claim for loss o
2016 Profit 50,000 (Before paying manager's com
2017 Profit * 40,000 (Including loss on sale of plan
Goodwil is to be valued two times of average normal p
goodwill.
[Ans. Goodwill * 10,000]
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what what what what what what
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