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20. Inform and Vikesh- 75,000 and 25,000 respectively; Bank Loan-8,00,000; Goodwill 1,00,000; Trade Investments -25,000; Profit and Loss Account (Debit)-15,000. Total of Assets side of the Balance Sheet-25,00,000. Debit Balances in Current Accounts of Naresh Based on the above information, Capital Employed for the purposes of valuation of Goodwill will be (a) 16,85,000. (c) 17,85,000. [Ans.: 1. (d): 2. (d): 3 (a). (b) 15,85,000. (d) 14,85,000.
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