Question

Q8. Calculate goodwill on the basis of two year's purchase of average profits of last years.
Profit are as follows:
2
Year
Rs.
Profit/Loss
252
60,000
Profit
290
40,000
Loss
3d
30,000
Loss
4
1,00,000
Profit
5
1,70,000
Profit
6
2,20,000
Profit​

Answer 1

755845 is the porosity profit