Mahesh and suresh are partners and …

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Mahesh and suresh are partners and they admit naresh into partnership. They agreed to value goodwill at three years purchase on weighted average profit method taking profit s for last 5 years. They assigned weights from one to five begaining from the earliest year abd onwards. The profits for the last five years were follow
31st March 2015=125000
31st March 2016=140000
31st March 2017 =120000
31st March 2018=55000
31st March 2019 =257000
Adjustments =
1)
Posted by Ravi Yadav 6 years, 7 months ago
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Ravi Yadav 6 years, 4 months ago
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