The profit of a firm for …
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The profit of a firm for the year under 31st March for last for years work 2014 equal to rupees 100000 2015 rupees 100000 and 2017 rupees 150000 calculate the value of goodwill of the form on the basis of 3 years of average profit additional information first a major plants under taken on first September 2016 for rupees
30000 which was charged to revenue the sad song for the goodwill calculation to subject of depreciation of 10% on the reducing balance method second closing stock for the year 2015 was over valued by RS 12000 3rd to covered management course and annual charge of rupees 24000 should be made for the purpose of valuation of goodwill
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