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Ascertain the value of goodwill on …

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Ascertain the value of goodwill on the basis of two years purchase of average profit of last three years firm earned net profit during last three year 2013 Rs.23000, 2014 Rs 25000,2015Rs27000.It was found closing stock of 2013 &2014 was overvalued by Rs 2000&3000 and remuneration Rs 5000 every year and insurance premium Rs. 500p.a.omitted to be adjusted in the books of accounts
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