T S Grewal Problems & Solutions

Chapter-2 : GOODWILL

1. Goodwill is to be valued at three years’ purchase...

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2. Profits for the five years ending 31st March, are...

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3. Purav and Purvi are partners in a firm sharing...

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4. Asin and Shreyas were partners sharing profits and losses...

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5. Tarang purchased Jyoti’s business with effect from 1st April,...

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6. Abhay, Babu and Charu are partners sharing profits and...

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7. Sumit purchased Amit’s business on 1st April, 2025. Goodwill...

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8. Profits of a firm for the year ended 31st...

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9. Raman and Daman are partners sharing profits in the...

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10. The capital of the firm of Anuj and Benu...

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11. Atul and Bipul had a firm in which they...

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12. Sakshi and Megha were partners sharing profits and losses...

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13. A and B were partners in a firm sharing...

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14. Average net profit expected in future by XYZ firm...

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15. A partnership firm earned net profits during the last...

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16. Amit and Kartik are partners sharing profits and losses...

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17. On 1st April, 2025, an existing firm had assets...

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18. On 1st April, 2023, a partnership firm had assets...

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19. Average profit of a firm during the last few...

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20. A business earned an average profit of ₹1,80,000 during...

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21. A business has earned average profit of ₹1,20,000 during...

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22. Average profit earned by a firm is ₹1,00,000 which...

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23. Average profit earned by a firm is ₹7,50,000 which...

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24. Akshay and Amit are partners in a firm and...

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25. From the following information, calculate value of goodwill of...

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26. A firm earned average profit of ₹3,00,000 during the...

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27. A and B were partners in a firm with...

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28. Puneet and Tarun are in restaurant business having credit...

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29. From the following particulars, calculate value of goodwill of...

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30. A business has earned average profit of ₹4,00,000 during...

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31. A firm earns profit of ₹5,00,000. Normal Rate of...

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32. On 1st April, 2018, a firm had assets of...

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