1. | Goodwill already appeared in the books amounting to Rs. 30000. Z was exempted from premium for goodwill. | (A) | X = 1,86,000 |
Y = 1,94,000 | |||
Z = 1,20,000 | |||
2. | Total goodwill of the firm valued at Rs. 1,00,000 and Z was unable to bring his share of goodwill In cash | (B) | X = 1,79,000 |
Y = 1,91,000 | |||
Z = 1,20,000 | |||
3 | Z was exempted from premium for goodwill. Balance Sheet shows Profit & Loss (Cr.) Rs. 30000 at the time of admission | (C) | X = 2,20,000 |
Y = 2,10,000 | |||
Z = 1,20,000 | |||
4. | Advertisement suspense = 20000 (Z was exempted from premium for goodwill) | (D) | X = 2,21,000 |
Y = 2,09,000 | |||
Z = 1,20,000 |
A) 1-[B]; 2-[C]; 3-[D]; 4-[A]
B) 1-[B]; 2-[C]; 3-[A]; 4-[D]
C) 1-[C]; 2-[A]; 3-[D]; 4-[B]
D) 1-[C]; 2-[D]; 3-[A]; 4-[B]
Correct Answer: A
Solution :
1-[B]; 2-[C]; 3-[D]; 4-[A]You need to login to perform this action.
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