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  3. 12th Class
  4. Accountancy
  5. Goodwill

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

  • question_answer
    X and Y are partners. They have provided following information on the admission of a new partner Z. Share capital = 10,00,000 ; Reserves & surplus = 3,00,000; Outside liabilities = 3,00,000; Total asset = 16.00,000 (Including Miscellaneous expenditure of Rs.1,00,000). Capital employed of the firm is :

    A) 13,00,000 

    B) 12,00,000

    C) 16,00,000

    D) 10,00,000

    Correct Answer: B

    Solution :

    12,00,000


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