1.

3. Calculate the goodwill based on 4 years purchase .The profits of the firm were as follows: 2017- Rs.80,000 ,after recording an abnormal gain of Rs.12,000 2018- Rs.70,000, after charging an abnormal loss of Rs.10,000 2019- Rs.90,000, before charging commission of Rs.5,000 to the firm’s sole sales agent.

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Answer:

WOW it's too long question.

Step-by-step EXPLANATION:

this is so DIFFICULT



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