Practice free →
Home › Bihar Board Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Goodwill › Goodwill by capitalising average profits compare…

Goodwill by capitalising average profits compared with capitalising super profits is

AAlways smaller
BQuite unrelated
CAlways larger
DExactly the same
Answer & Solution
Correct answer: D. Exactly the same
Both routes use the same profit, capital and rate, so they must give an identical goodwill figure.
Solve this in the app — Bihar Board Class 12 (Commerce) practice & 24k+ MCQs →
Related questions