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what is ment by number of years purchase at the time of valuation of goodwill

    • Posted by Kuldeep Yadav 8 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Robin Sahni 8 years, 3 months ago

    Number of years's purchase means for how many years the firm will earn the same amount of profit because of its past efforts after change of ownership.

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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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