alleryStart learning →Plant value rises Rs 80 to Rs 95 lakh in the window; goodwill was Rs 120 lakh. New goodwill?
ARs 135 lakh
BRs 120 lakh
CRs 95 lakh
DRs 105 lakh
Answer & Solution
Correct answer: D. Rs 105 lakh
A higher asset value reduces goodwill by the Rs 15 lakh increase, giving 120 minus 15 equals Rs 105 lakh.
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