solution of CPT question

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 April 2011 X & Y are two partners with capitals Rs.5,00,000 each.They admitted Z with 25% share in profit.Z brings Rs.8,00,000 as his share in capital.Total capital of firm after admission is Rs.20,00,000.What will be the hidden value of goodwill?

(A) Rs.8,00,000
(B) Rs.6,00,000
(C) Rs.3,00,000
(D) Rs.2,00,000

09 April 2011 ans. C). 300000/-



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries