Under Super Profit Method, Goodwill is calculated by:

Anurag Pathak
April 16, 2023
Accountancy Class 12th, Goodwill, MCQs (Goodwill)

Anurag Pathak28.35K April 16, 2023 0 Comments

Under Super Profit Method, Goodwill is calculated by:

a) Number of year’s Purchase * Average Profit

b) Number of Year’s Purchase * Super Profit

c) Super Profit/Normal Rate of Return

d) Super Profit – Normal Profit

Anurag Pathak Changed status to publish April 16, 2023

Add a Comment

1 Answer

Anurag Pathak28.35K Posted April 16, 2023 0 Comments

Ans – b)

Explanation:-

Goodwill = Super Profit * Number of Year’s Purchase

Anurag Pathak Changed status to publish April 16, 2023

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8060

Telegram Channel

Telegram Channel

Under Super Profit Method, Goodwill is calculated by:

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions