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  3. 12th Class
  4. Accountancy
  5. Goodwill

12th Class Accountancy Goodwill Question Bank MCQs - Goodwill : Nature And Valuation

  • question_answer
    If average profit of a business is Rs.50,000 and normal profits are Rs.60,000, it shows:

    A) Positive Goodwill 

    B) Positive super profit

    C) No Goodwill of business

    D) Goodwill is more than expected

    Correct Answer: C

    Solution :

    No Goodwill of business


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