1.

Arrange in correct sequence:Following steps arrange in the sequence for calculation of hidden Goodwill of the firm. (1) Calculate total capital of the new firm on the basis of capital brought in by new partner. (2) Existing Partners total capital (3) Deduct existing total capital of the partners from total capital of the new firm is hidden Goodwill of the firm.(a) 3 ,1, 2 (b) 1 , 2, 3 (c) 2, 2, 1 (d) 1, 3, 2

Answer»

Correct option is (b) 1 , 2, 3



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