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Ram and Shyam are partners. They …

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Ram and Shyam are partners. They admit gopal for 1/4th share in profits.for this purpose goodwill is to be valued at three year's purchase of super profits. Following information is provided to you : Ram's capital 5,00,000 Shyams capital. 4,00,000 General reserve. 1,50,000 Profit and loss a/c (cr.). 30,000 The normal rate of return is 15% p.a. average profits are 2,00,000 per year. You are required to calculate gopals share of goodwill.

Posted by Sohail Khan 6 years, 2 months ago

CBSE > Class 12 > Accountancy

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Posted by Srishti Arya 1 year, 2 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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