Accountancy, asked by rinkisinghyarpur, 7 months ago

Q. 2. X purchased the business of Y from 1st April, 2019. For this purpose
goodwill is to be valued at 100% of the average annual profits of the last four years.
The profits shown by Y's business for the last four years were :
Year ended
31st March, 2016 Profit 1,00,000 (after debiting loss of stock by fire
*50,000)

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Answered by srushtibhalani

0

Answer:

pls give a complete question

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