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प्रश्न
Amit and Kartik are partners, sharing profits and losses equally. They decided to admit Saurabh for an equal share in the profits. For this purpose, the goodwill of the firm was to be valued at four years' purchase of super profits.
The Balance Sheet of the firm on Saurabh's admission was as follows:
| Liabilities | Amount (₹) | Assets | Amount (₹) | |
| Capital Accounts | Fixed Assets (Tangible) | 75,000 | ||
| Amit | 90,000 | Furniture | 15,000 | |
| Kartik | 50,000 | 1,40,000 | Stock | 30,000 |
| Creditors | 5,000 | Debtors | 20,000 | |
| General Reserve | 20,000 | Cash | 50,000 | |
| Bills payable | 25,000 | |||
| 1,90,000 | 1,90,000 | |||
The normal rate of return is 12% p.a. Average profit of the firm for the last four years was ₹ 30,000. Calculate Saurabh’s share of goodwill.
उत्तर
Capital of Firm = 1,40,000 + 20,000 (Reserve) = ₹ 1,60,000
Normal Profit = `1,60,000 × 12/100` = ₹ 19,200
Average Profit = ₹ 30,000
Super Profit = Average Profit − Normal Profit = 30,000 − 19,200 = ₹ 10,800
Goodwill = 4 (Super Profit) = 4 (10,800) = ₹ 43,200
Saurabh's share of Goodwill = `1/3 "of" 43,200` = ₹ 14,400
