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Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer?.

Solutions for Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Neeraj and Gopi are partners in a firm with capitals of Rs. 5,00,000 each. They admit Champak as a partner with 1/4th share in the profits of the firm. Champak brings Rs. 8,00,000. The Profit and Loss Account showed a credit balance of Rs. 4,00,000 as on the date of admission. The value of hidden goodwill is:a)Rs. 14,00,000b)Rs. 18,00,000c)Rs. 10,00,000d)NilCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.