Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Admission of a Partner

Question:

Which method can be used to ascertain goodwill by directly capitalizing super profits?

Options:

Average profit method

Normal profit method

Super profit method

None of these

Correct Answer:

None of these

Explanation:

The capitalization of super profits method is used for calculating goodwill by directly super profits.