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13 March 2012 Q The profit for 2003-04 are Rs4000,for 2004-05 is Rs 52,200 and for 2005-06 is Rs62,400. Closing stock for 2004-05 and 2005-06 include the defective item of Rs 4,400 and Rs 12,400 respectively which are considered having market value nil The value of goodwill on average profit method is

a 47400 b. 35400 c.27400 d.34600

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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16 March 2012 Why do not you solve it whether correct or incorrect. If you want to read the solved one then in your life you will never be able to learn so do it.

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