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Solution of Q 23 Goodwill TS Grewal 2023-24 [CBSE]

Question 23 of 37Chapter 2Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 23, Chapter 2 Goodwill: Nature and Valuation, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 23

Ayub and Amit are partners in a firm and they admit Jaspal into partnership w.e.f. 1st April, 2023. They agreed to value goodwill at 3 years’ purchase of Super Profit Method for which they decided to average profit of last 5 years. The profits for the last 5 years were:

TS Grewal Class 12 Goodwill Question 23

Solution

Solution of Q 23 Goodwill TS Grewal 2023-24 part 1
Solution of Q 23 Goodwill TS Grewal 2023-24 part 2
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About this solution

This is Chapter 2 Goodwill – Nature and Valuation of TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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