Accountancy, asked by rahmanmaaz9964, 10 months ago

Sonu, one of the three partners in a firm, retired from business. His share in
profits and losses was . His share in goodwill of the firm calculated on the
basis of 2 years' purchase of superprofit was 20,000 and the firm's average
annual profit was 7 40,000. In the same business, normal rate of earning profit
is 10%

Answers

Answered by anamkhurshid29

1

HEYA MATE YOUR ANSWER IS

the firm calculated on the

basis of 2 years' purchase of superprofit was 20,000 and the firm's average

annual profit was 7 40,000. In the same business, normal rate of earning

HOPE THIS HELPS ❤️

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