How the goodwill is valued under the Capitalisation of Super Profit method? Post category:Accountancy Reading time:1 mins read SOLUTION Goodwill = Super Profit x 100 / Normal Rate of Return Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostEnumerate two main steps involved in valuing the goodwill according to super profit method. Next PostState the ratio in which the partners share profits or losses on revaluation of assets and liabilities, when there is a change in profit sharing ratio amongst existing partners? You Might Also Like What is Total Assets to Debt Ratio? October 1, 2022 Why should a new partner contribute towards goodwill on his admission? (Delhi 2017 C) October 7, 2022 Ashok, Bhim and Chetan are sharing profits and losses in the ratio of 5: 3: 2. With effect from 1st April, 2022, they decide to share profits and losses in the ratio of 5: 2: 3. Calculate each partner’s gain or sacrifice due to the change in ratio. October 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why should a new partner contribute towards goodwill on his admission? (Delhi 2017 C) October 7, 2022
Ashok, Bhim and Chetan are sharing profits and losses in the ratio of 5: 3: 2. With effect from 1st April, 2022, they decide to share profits and losses in the ratio of 5: 2: 3. Calculate each partner’s gain or sacrifice due to the change in ratio. October 18, 2022