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Adjusted Profit

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

AccountancyIf the adjusted profits for three years are ₹40,000, ₹50,000 and ₹60,000 respectively, what is the average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyAdjusted profits of last three years are ₹30000 ₹45000 and ₹75000. Goodwill is valued at (2) years' purchase of average profit. What is goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyIf abnormal loss is not added back while calculating maintainable profit, what will be the effect on goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf customer loyalty is strong but profit is reduced by abnormal expense what should be done first in goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf income from non trading investment is included in profit what is the correct treatment for goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf a partner's salary will stop in future and it was already deducted from profit what will be done in adjusted profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyThe average profit includes insurance claim income of ₹75,000 that will not recur in the future. What adjustment should be made while determining the adjusted average profit for valuing goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees two lakh twenty thousand and future insurance expense will decrease by rupees twenty thousand what is adjusted profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf income from non trading investment is included in goodwill valuation what error occurs?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf past profits include one time legal compensation income how will it be treated for goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyProfits are (₹200000), (₹250000), (₹300000). Second year includes non recurring income (₹50000) and third year has abnormal loss (₹30000). What is adjusted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyIf average profit is rupees two lakh seventy thousand including abnormal gain of rupees forty thousand and normal profit is rupees one lakh fifty thousand what is super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhile valuing goodwill, which item should be deducted from average profit if it will continue in the future?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf the book profit is ₹1,40,000 and an abnormal loss of ₹20,000 has already been charged to it, what will be the adjusted profit for the valuation of goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyA firm's profits for the last three years were ₹70,000, ₹88,000 and ₹92,000, respectively. The third year's profit includes an abnormal loss of ₹12,000. What adjusted profit should be considered for calculating goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyThe business is expected to save ₹12,000 in rent every year in the future. What will be the effect on adjusted average profit for goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyThe profits for three years are ₹85,000, ₹95,000 and ₹70,000, respectively. The second year included an abnormal loss of ₹10,000, which had already been deducted from that year's profit. What will be the adjusted profit for the second year while calculating average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyThe adjusted profits for three years are ₹65,000, ₹75,000, and ₹85,000, respectively. What is the average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyWhy may partners' remuneration be deducted while valuing goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyA 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 ConceptsGoodwillMedium