9 AGB

are 2:1
farliers, the
following stood

in the BISo
① Gen Reserve -

E30,000

② Goodwill E60,000
-

8 0K (r) -
E15000

⑭ Reserve E90,000
contingency
-

⑤ wer E45000
-

⑥ IFR -

E120,000

Note
-
-

(i) the valued at

goodwill is
3yrs purchase of
4
arg- of years.
Profit Y, 40,000=

(including abnormal Loss

of E10,000)
Y2 =
=
30,000
(including abnormal
gain
of E20,000)
Y3 E40,000
=

Yy E20,000
=

Insurance
premium to be paid E10,000 every or which

was never paid

yet

⑭ Claim
from workmen E15000.

value (Books)
(i)InvestmentCurrent E500,000
E350,000.
-

1 value
-

Pass
JrE's; for sitation when the
farmers decided

to
change theirPSR to
132.
 8 SRY YR
A
(s)
=

B=
-

Y(Y)

② ation
of yo
I

lg
Tu

wor
-

,000
-

Profit 20,008
H) Al
1
Ay
-
220,000- - -

El IC (10,000 (10,000) (10,000 110,000)

FMP 40,000 -
30,000 10,000

=w+1,000
10,or
Ap
+

zu n
=

3 60,00
20,000 x =

g B 40,000

e
-
A
- -

Te 60,000
you
⑦ 20000xY
-10,000
is'scp-
To As
Cap
Ar

Af
10,000,00
③ qR - A 30,000

datati as Dr 90,000
- >

TO A 80,000

To B 40,000

! A -
A 10,000
D 5008
B -

To P/ 15000
/

! WOR -
45000
TO WCL 15088

TO A 20,000

TO B 10,000

- 120,000
IHR
! -
Revaluation D 30,000

To investment 150,000