Which among the following is Not the method of valuation of goodwill:
- ACapitalisation Method
- BSuper Profit Method
- CNormal Profit Method
- DAverage Profit Method
Solution & Step-by-step Explanation
The standard, recognized accounting methods for valuation of goodwill are:Average Profit MethodSuper Profit MethodCapitalisation MethodThere is no distinct valuation category known as the Normal Profit Method (Normal profit is merely an intermediate component calculated inside the Super Profit method).