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Commerce · Q437

Accounting

Graduate and Post Graduate · Commerce · question 437

Q437

A and B are partners in the ratio of 2 : 1. They admit C for 1/4^ th share. C brings Rs. 3,000 for his share of goodwill. The total value of the goodwill of the firm is:

A and B are partners in the ratio of 2 : 1. They admit C for share. C brings Rs. 3,000 for his share of goodwill. The total value of the goodwill of the firm is:
A.
Rs. 3,000
B.
Rs. 9,000
C.
Rs. 12,000
Answer
D.
Rs. 15,000

Answer: Option C

Solution

Answer: Option C
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