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    				| 1. | 9. (Weighted Average Profit Method) The profits of XYZ at Amritsar are given below: Year Profit 2016 25,000 2017 35,000 2018 40,000 2019 45,000 + 5050 During 2017 there was an abnormal loss of 10,000 due to fire and in 2019 there was a gain of 5,000 from sale of machinery. In 2018 the closing stock was under valued * 10,000. The weights are 1, 2, 3, 4 in the year 2016, 2017, 2018 and 2019. Calculate the value of goodwill on the basis is 3 year's purchase of average weighted profit | 
| Answer» Parliament :1)Parliament is RESPONSIBLEFOR making laws2)Parliament CONTROL over executiveof the country thus prevents the misuse of power 3)Parliament has a control over finance of country4) Parliament also represents people of DIFFERENT country and thus their interests are given concern to.5 ) It checks the PROPER working of government. | |