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Commerce · Q1320

Accounting

Graduate and Post Graduate · Commerce · question 1320

Q1320

Goodwill of a firm of A and B is valued at Rs. 30,000. It is appearing in the books at Rs. 12,000. C is admitted for 1/4^ th share. The amount of goodwill, which he is supposed to bring, will be:

Goodwill of a firm of A and B is valued at Rs. 30,000. It is appearing in the books at Rs. 12,000. C is admitted for share. The amount of goodwill, which he is supposed to bring, will be:
A.
Rs. 4,500
Answer
B.
Rs. 3,000
C.
Rs. 7,500
D.
Rs. 10,500

Answer: Option A

Solution

Answer: Option A
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