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Solution of Q 26 Goodwill TS Grewal 2023-24 [CBSE]

Question 26 of 37Chapter 2Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 26, Chapter 2 Goodwill: Nature and Valuation, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 26

A and B were partners in a firm with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively. The normal rate of return was 20% and the capitalised value of average profits was ₹ 7,50,000. Calculate goodwill of the firm by capitalisation of average profits method.

TS Grewal Class 12 Goodwill Question 26

Solution

Solution of Q 26 Goodwill TS Grewal 2023-24
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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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