Related to my query to Goodwill calculated on average basis in sample paper..

In most of the TS Grewal questions of calculating Goodwill.. If average word not given profit is not divided with no of years. than why in this question?
Is there any rule for the same
I am confuse now to calculate goodwill when average and when not

Dear Student,

Please do not get confused. It is a very easy concept. 
Usually, the word average is given in the most of the questions. 
It is implicit from the statement provided in the question that the goodwill is to be calculated by calculating the average profits of the last years.

However, for the convenience of all of our students we have added the word average in it which will be updated very soon on our site.

Hope this answers your query. However, if you still find any difficulty do get back to us by stating the question number and other information so that we can help you in a better manner.

Keep Posting!!!

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