Accountancy, asked by ayush7799, 2 months ago

YashandKaranwerepartnersinaninteriordesignerfirm.Theirfixedcapitalswere

Rs.8,00,000andRs.5,00,000respectively.Therewerecreditbalancesintheircurrent

accountsofRs.4,00,000andRs.5,00,000respectively.Thefirm hadabalanceofRs.

1,00,000inGeneralReserve.Thefirmdidnothaveanyliability.TheyadmittedRadhika

intopartnershipfor thshareintheprofitsofthefirm.Theaverageprofitsofthefirm

1

4

forthelastfiveyearswereRs.5,00,000.Calculatethevalueofgoodwillofthefirm by

capitalizationofaverageprofitsmethod.Thenormalrateofreturninthebusinessis

10%.

Answers

Answered by gokul2605

0

Explanation:

use space bar. so that I can understand

Previous Question

Next Question

Similar questions

Hindi, 1 month ago

कबीर ने कुम्हार को किसका प्रतिक माना है...

French, 1 month ago

When is Navy Day celebrated?

Biology, 1 month ago

Alimentary canal is absent in tape worms as: (1) they sucks the nutrients from host body by their hooks (2) they respire anaerobically so they require nutrients in very less amount. (3) they absorb the nutrient through their body surface. (4) they take nutrients in liquid form.

Chemistry, 2 months ago

Calculate the average atomic mass of chlorine if it exists commonly in two isotopes in the ratio 3:1. Helium atom has 2 electrons in its valence shell but its valency is not 2. Explain Give the answer fast...

Math, 2 months ago

written started for morning walk at 6:30 a.m. came back at 7:45 a.m. how long did he walk...

English, 8 months ago

describe what your life would be like if all your wishes come true how would such a situation change your life...

English, 8 months ago

the following numbers are to be stored in a hashtable arriving in the order shown using the Hash Function of key equals to K percentage of 54, 7, 15, 18 identify which for for which numbers collision collision will not occur after mapping the numbers within the given Hash Function...

Math, 8 months ago

(A+B ) whole cube formula...