The following trading results are available in respect of the business carried on by a firm 2001 Loss Rs 10,000 2002 Loss Rs 5,000 2003 Profit Rs 80,000 2004 Profit Rs 55,000 The value of goodwill on the basis of 5 years' purchase of average profit of the business will be A B C D Rs 1,25,000 Rs 1,...

Correct option is B Calculation of goodwill 1 Average profi ...

The following trading results are available in respect of the business carried on by a firm:...

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The following trading results are available in respect of the business carried on by a firm:...

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Applying International Financial Reporting Standards

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