Question 122
Accountancy
2022
Medium
MCQ
+5.00 marks · -1.00 negative
A firm earned ₹60,000 as profit, the normal rate of return being 10%. Assets of the firm are ₹ 7,20,000 (excluding goodwill) and Liabilities are ₹2,40,000. Find the value of Goodwill by Capitalisation of Average Profit method.
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