Download App

P1 C3 VALUATION OF GOODWILL — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C3 VALUATION OF GOODWILL1 Mark
Question
Write a formula to compute capitalised profit.
✓

Answer

The formula is:
Capitalised Profit $=\frac{\text { Average Profit }}{\text { Expected Rate of Return }} \times 100$

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from P1 C3 VALUATION OF GOODWILL→P1 C3 VALUATION OF GOODWILL — all question types→Elements of Account STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Describe the methods of dissolution of a Partnership Firm.
→
How will you find new profit-loss sharing ratio when old partner's sacrifice is given ?
→
From which year Partnership Act is implemented in India?
→
What is cash and cash equivalent ?
→
Give formula of adjusted purchase.
→
Which kind of balance 'share (security) premium' account has?
→
Premium on redemption of debenture is debited to which account?
→
Which act is applicable to partnership ?
→
State formula to determine percentage in profit and loss statement for common size financial statement.
→
The debit balance of current account of partners is shown on which side of balance sheet?
→