goodwill problems


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Querist : Anonymous (Querist)
10 June 2010 the profit for 1998-1999 are rs. 2000; for 1999-2000 is rs. 26100; and for 2000-2000 is rs 31200. closing stock for 1999-2000 and 2000-2001 includes the defective items of rs. 2200 and rs. 6200 respectively which were considered as having market value NIL. calculate goodwill on average profit method.

pls anybody help me out from this problem

15 June 2010 this question has already been answered at www.caclubindia.com/forum/help-anybody-pls--79340.asp
Regards, CA Shakuntala Chhanagni


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