Excell Associates is a partnership firm, it intends to revalue its goodwill, average profits for the...
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Excell Associates is a partnership firm, it intends to revalue its goodwill, average profits for the past five years are Rs 25000 p.a. Goodwill is being valued 3 years purchase of average profit. Goodwill of the firm will be valued at Rs A B C Rs 90,000 Rs 75000 Rs 80000 Rs 60000 Excell Associates is a partnership firm, it intends to revalue its goodwill, average profits for the past five years are Rs 25000 p.a. Goodwill is being valued 3 years purchase of average profit. Goodwill of the firm will be valued at Rs A B C Rs 90,000 Rs 75000 Rs 80000 Rs 60000
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Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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