Goodwill is to be calculated at 1 5 years of purchase of average profit for last 6 years Profit earned during the first is Rs 30,000, Rs 20,000 and Rs 29,000 and losses suffered of Rs 5000, Rs 3000 and 2000 in the last three years Goodwill be A B C D Rs 10,000 Rs 15,000 Rs 20,000 Rs 25,000 Goodwil...

D Rs 25000 15 x 30000 20000 29000 5000 3000 2000 6 Rs 2500 Total length 11 m C0006 Bernou ...

Goodwill is to be calculated at 1.5 years of purchase of average profit for last 6...

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