If a partner pays a premium of N500 for 1/5 share of profit; then the total value of goodwill is? by Sunday | Dec 9 | Accounting JAMB | 0 comments A. N500 B. N2,000 C. N2,500 D. N3,000 Correct Answer: Option A – N500 Users Also Read These:The method of paying a premium in life insurance…The share value stated on a share certificate is?If Aboki Holdings Limited issued 120 000 ordinary…Interest on capital is 10%, the net profit for the…A partner whose only contribution to the partnership…