BSEH SS Accountancy Practice Questions - Board Of School Education Haryana (BSEH) Senior Secondary Accountancy (Class 12 - Accountancy Elective, Date-sheet Code 903) Exam

Average profits of last 4 years are ₹1,20,000. Goodwill is valued at 3 years' purchase of average profits. Goodwill is:

₹3,60,000 ₹1,20,000 ₹4,80,000 ₹2,40,000

Correct Answer:

₹3,60,000

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