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Total assets of a firm are Rs. 4,20,000. The liabilities of the firm are Rs. 2,20,000.Normal rate of return in the class of business is 10%. The firm earned as profit of Rs.32,000. Calculate value of goodwill by capitalisation by super profit and average profit method.

Posted by Shivam Singh 6 years ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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