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This question belongs to Commerce Accounting
Accounting
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Goodwill of a firm of A and B is valued at Rs. 30,000. It is appearing in the books at Rs. 12,000. C is admitted for $${\frac{1}{4}^{{\text{th}}}}$$ share. The amount of goodwill, which he is supposed to bring, will be:

Answer & Solution
Correct Answer: Option A
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