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In 6th question) After all the adjustment, the average profit is 17,500. Here NRR is not given, then how can we arrive at goodwill by super profit basis. And the answer is option ( b ) - 8,750.
question 6.pdf
Vijay K
CA Inter
★ 9K+
31-Aug-21 16:15
257
Answers (2)
Sorry, I got the answer.
Thread Starter
31-Aug-21 16:30
The average profit is 4,375 the the goodwill for the three years purchase is 8,750.
31-Aug-21 16:32