Question

Ponts of the previous three years ended 31st March, were:
Gor the firm will be valued at two years purchase of three years' normal ave
1e Arun and Bhavat are partners sharing pronts
from ise Ait 2020 on the following terms
@ Mane w begren2/th share of the profit.
2020-rone 7 30000 (after debiting less of stock by fire ? 40,000).
2019lex 780.000 (includes voluntary retirement compensation paid ? 1,10,000
2018 Prane *1.10.000 (including a gain (profit
) of * 30,000 on the sale of fixed
Calculate the value of goodwill.

Answer 1

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