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Abnormal Profit

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyIf the recent year contains a very large abnormal profit what care is needed in weighted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyProfits for three years are ₹125000 ₹155000 and ₹170000. The first year included abnormal profit of ₹25000. What will be the adjusted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyProfits for four years are ₹95,000, ₹105,000, ₹125,000 and ₹115,000. The third year included an abnormal profit of ₹25,000. What is the correct average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyProfits for three years are ₹90000 ₹110000 and ₹100000 after including abnormal profit of ₹20000 in the first year. What is adjusted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyA firm's average profit is ₹96,000, including an abnormal profit of ₹16,000. If goodwill is valued at 3 years' purchase of average profit, what is the correct value of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe average profit is ₹85,000, including an abnormal profit of ₹10,000. If the years’ purchase is 4, what is the goodwill based on the adjusted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyWhy is abnormal profit subtracted while calculating average profit for goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyThe average profit is ₹72,000, including an abnormal profit of ₹12,000. If the years’ purchase is 3, what is the correct value of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe current profit of ₹4,50,000 includes an abnormal profit of ₹70,000. In the future, an expense saving of ₹30,000 will arise, while a new cost will increase expenses by ₹10,000. What will be the adjusted future profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyProfits are (₹220000), (₹260000), (₹340000), (₹420000). Fourth year includes abnormal profit (₹60000) and weights are (1:2:3:4). What is weighted average adjusted profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyProfits are (₹160000), (₹190000), (₹260000), (₹310000). Last year includes abnormal profit (₹50000) and weights are (1:2:3:4). What is weighted average adjusted profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyProfits are ₹110000, ₹90000 and ₹130000. The first year included abnormal profit of ₹20000. What is the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyProfits are ₹45000 ₹55000 and ₹70000. Third year includes abnormal profit of ₹10000. What will be the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyWhile calculating average profit for the valuation of goodwill, how is abnormal profit treated?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyProfits are ₹60,000, ₹75,000 and ₹90,000. The third year includes abnormal profit of ₹15,000. What is the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyA given profit includes abnormal profit of (₹20000) in one year. How will it be treated while calculating average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyProfits are ₹80000 ₹90000 and ₹100000. Third year includes abnormal profit of ₹20000. What is correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyA firm earned profits of ₹50,000, ₹70,000 and ₹90,000 in three successive years. The profit of the second year includes an abnormal profit of ₹10,000. What will be the total profit for all three years after adjusting for the abnormal profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyWhy is abnormal profit adjusted while valuing goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyProfits are ₹40000 ₹50000 and ₹60000. The second year includes abnormal profit of ₹5000. What is the correct total profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy

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