Commerce Exam  >  Commerce Questions  >  what is meant by super profit in the context ... Start Learning for Free
what is meant by super profit in the context of valuation of goodwill in partnership accounts?
Most Upvoted Answer
what is meant by super profit in the context of valuation of goodwill ...
Super profit refer to the profit which is earned over and above the normal profit of the firm and can be calculated as
SUPER PROFIT=AVERAGE PROFIT-NORMAL PROFIT
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy
Question Description
what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy.
Solutions for what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy defined & explained in the simplest way possible. Besides giving the explanation of what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy, a detailed solution for what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy has been provided alongside types of what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy theory, EduRev gives you an ample number of questions to practice what is meant by super profit in the context of valuation of goodwill in partnership accounts? Related: NCERT Solutions - Chapter 3 : Admission of a Partner -1 ,Partnership Account, Class 12, Accountancy tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev