Question

Q.2) Goodwill of a firm of Ram & Shyam is valued at 50,000.
Goodwill also appears in the books at $20,000. Ghanshyam is
admitted for 1/4th share. The amount of goodwill to be brought in by
Ghanshyam will be:

(2)
a) 37,500 b) 312,500 c) 35,000 d) 17,500​

Answer 1

Answer:

a)37500

1/4 ×37500

1×9375

9375

b)312500

1/4×312500

78125

c)35000

1/4× 35000

8750

d)17500

1/4×17500

4375