The profits for Year I are Rs 4,000 for Year 1l is Rs 52,200, and for Year Ill is Rs 62,400 Closing stock for Year 11 and Year Ill includes the defective items of Rs 4,400 and Rs 12,400 respectively which were considered as having market value NIL The value of goodwill on average profit method is ...

Calculation Particulars Profit before correction hess Defective grems due to w ...

The profits for Year I are Rs 4,000; for Year 1l is Rs.52,200, and for Year...

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Fundamentals of Investments Valuation and Management

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The profits for Year I are Rs 4,000; for Year 1l is Rs.52,200, and for Year...

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