Anupma, Purnima and Ruchika are partners in a business. Balances in their Capital and Current Account as on 31st March, 2019 were :
`{:(,"Capital Account (Rs.)","Current Account (Rs.)"),("Anupma"," 6,00,000"," 60,000 (Dr.)"),("Purnima"," 5,00,000"," 30,000 (Dr.)"),("Ruchika"," 5,00,000"," 10,000 (Cr.)"):}`
The firm earned an average profit of Rs. 2,40,000. If the normal rate of return is 12%, find the value of goodwill by Capitalisation of Average Profit Method.

Bharat and Bhushan are partners in a retail business. Balances in Capital and Current Accounts as on 31st March, 2019 were: {:(,"Capital Account", "Current Account"),("Bharat","Rs. 2,00,000","Rs. 50,000"),("Bhushan","RS. 2,40,000","Rs. 10,000(Dr.)"):} The firm earned an average profit of Rs. 90,000. If the normal rate of return is 10% find the value of goodwill.

Varun and Kuber are partners in a business. Balance in Capital and Current Accounts on 31st March, 2019 were : {:(,"Capital Account","Current Account"),("Varun"," Rs. 5,00,000"," Rs. 80,000"),("Kuber"," Rs. 3,50,000"," Rs. 20,000 (Dr.)"):} Profits of the last five consecutive years ending 31st March were : 2015 Rs. 60,000, 2016 Loss Rs. 40,000, 2017 Rs. 1,30,000, 2018 Rs. 2,00,000 and 2019 Rs. 2,50,000. General Reserve appeared in the books at Rs. 50,000. If the normal rate of return is 10%, find the value of goodwill by Capitalisation of Average Profit Method.

From the following Trial Balance, Prepare Trading and Profit and Loss Account for the year ended 31st March, 2019 and Balance Sheet as at that date: On 31st March, 2019 the stock was valued at Rs 1,00,000

If the Capital of a business is Rs.5,00,000 and Outside liabilities are Rs.2,00,000, calculate total assets of the business.