The adjustment required for overvaluation of closing stock, while calculating adjusted profit for calculating goodwill is

(A) reduction from concerned year's profit.

(B) reduction from next year's profit.

(C) addition to next year's profit.

(D) addition to previous year's profit.

Choose the correct answer from the options given below :

1
(A), (B) and (D) only
2
(A) and (C) only
3
(A) and (D) only
4
(B), (C) and (D) only

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