Dakshayini posted an Question
September 12, 2020 • 18:54 pm 30 points
  • UGC NET
  • Commerce

How to calculate dees 2

Value of good will agreed upon Rs. 30000 on C.S admission and allowing him 4 share of total profit Good will is brought in cash, the amount of good-will be as: (a) (b) Rs. 7500 (T) (C) RS. Rs. 300000 150000 (d) RS. 120000 Good will of the firm is valued Rs. 30000. C an incoming partner purchase 4 share of total profit Good will be raised in the books. (a) Rs. 30000 (T) (b) Rs. 7500(c) Rs 120000 d) RS. 7000

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  • Priya gulani

    c will bring his share of goodwill ie 30000÷4=7500

  • Rucha rajesh shingvekar Best Answer

    The incoming partner had purchased the share of profits. the goodwill will remain doesn't change and will be raised by the same amount I.e 30000 option (a) answer for last question

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