UGC NET COMMERCE November 2017(Paper-II) Q8

0. Goodwill of a firm of X and Y is valued at Rs.30,000. It is appearing in the books at Rs.12,000. Z is admitted for 1/4 share. What amount he is supposed to bring for goodwill?

Answer
Comment
Array

Option : B
Explanation : The value of goodwill is Rs.30,000
Book value of goodwill = Rs.12,000
The share of Z will be 30,000 – 12,000

Forgot your password?

I agree with the Terms.