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CUET

Q25. The correct sequence involved in calculation of goodwill by weighted average profit method is: A. Adjust the profit taking into account abnormal gain/losses. B. Multiply the weighted average profit by number of years of purchase. C. Assign weight to each year's profit D. Find out weighted average profit by dividing total weighted profit by total weight. E. Find out weighted profit. Choose the correct answer from the options given below: (a) A, C, E, D, B (b) A, B, C, D, E (c) B, C, D, E, A (d) C, D, E, A, B