Class 12th Accountancy Chapter-2 Goodwill: Nature and Valuation Practical Question-22

In this video, we break down the step-by-step solution for Class 12 Accountancy, Chapter-2 Goodwill: Nature and Valuation Practical Question No. 22 from the TS Grewal textbook. Average profit earned by a firm is ₹ 1,00,000 which includes an undervaluation of stock of ₹ 40,000 on an average basis. The capital invested in the business is ₹ 6,30,000 and the normal rate of return is 5% Calculate the goodwill of the firm on the basis of 5 times the super profit. #12th #class #commerece #goodwill #viral