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Total of Assets side of the Balance Sheet – ₹ 25,00,000, Debit Balances in Current Account of Naresh and Vikesh – ₹ 75,000 and ₹ 25,000 respectively; Bank Loan ₹ 8,00,000; Goodwill ₹ 1,00,000; Trade Investments – ₹ 25,000; Profit and Loss Accounts (Debit) – ₹ 15,000.

Based on the above information, Capital Employed for the purposes of the valuation of Goodwill will be

a) ₹ 16,85,000

b) ₹ 15,85,000

c) ₹ 17,85,000

d) ₹ 14,85,000

Anurag Pathak Changed status to publish April 17, 2023
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