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On the admission of a new partner, it is decided that goodwill of the firm be valued at 2 years purchase of average which amounted to Rs. 8,620, Rs. 9,430 and Rs. 11,800 respectively. The value of goodwill is:a)Rs. 19,500b)Rs. 19,900c)Rs. 10,000d)None of the aboveCorrect 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 On the admission of a new partner, it is decided that goodwill of the firm be valued at 2 years purchase of average which amounted to Rs. 8,620, Rs. 9,430 and Rs. 11,800 respectively. The value of goodwill is:a)Rs. 19,500b)Rs. 19,900c)Rs. 10,000d)None of the aboveCorrect 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 On the admission of a new partner, it is decided that goodwill of the firm be valued at 2 years purchase of average which amounted to Rs. 8,620, Rs. 9,430 and Rs. 11,800 respectively. The value of goodwill is:a)Rs. 19,500b)Rs. 19,900c)Rs. 10,000d)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.

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