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Admission Of Partner

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

AccountancyA and B share profits in the ratio 3:1. C is admitted for a 1/4 share of profits, taken equally from A and B. What will be A and B’s sacrificing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyThe average profit is ₹85000 and the normal profit is ₹65000. If goodwill is valued at two years’ purchase of super profit, what will be the value of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyUnder the average profit method of goodwill valuation, the total adjusted profit for four years is ₹240000. What is the average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyA and B are partners sharing profits in the ratio 3:2. C is admitted for a 1/6 share in the total profit, acquired entirely from B. What will be B’s new profit-sharing share?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyC is admitted to the firm for a 1/6 share of profit. The firm's total goodwill is ₹1,20,000, and C brings only ₹15,000 in cash for goodwill. What is the amount of unbrought goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyIn goodwill accounting for admission of a partner, on what basis is the new partner’s share of goodwill calculated?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyIf the average profit is ₹80,000 and the normal rate of return is 10%, what will be the capitalized value of the business?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyOn the admission of a new partner, the premium received for goodwill is ₹21,000. The old partners’ sacrificing ratio is 2:5. How much of the goodwill premium will the first old partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe total goodwill is ₹85,000 and the partners’ new profit-sharing ratio is 3:1:1. What is the goodwill attributable to the third partner’s share?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA premium of ₹16,000 received from the new partner is deposited into the bank and the entire amount is withdrawn immediately. What will be the net effect on the Bank account?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyWhen the old partners withdraw the amount of goodwill premium, on which side will the old partners’ capital accounts be recorded?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe total goodwill amount to be brought by a new partner is ₹20,000, of which he brings ₹12,000 in cash. What balance amount will be adjusted through his account?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe average profit is ₹52,000, the normal profit is ₹40,000, and the years’ purchase is 2. What will be the goodwill of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe average profit is ₹30,000 and the number of years’ purchase is 2. A new partner is admitted for a 1/3 share in the firm. What is the new partner’s share of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyAt the time of admission of a new partner, in which ratio is the old goodwill already appearing in the books written off?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyOn the admission of a new partner, a goodwill premium of ₹28,000 is received. If both old partners have sacrificed equally, how much will each old partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA goodwill premium of ₹25,000 received from the new partner is to be distributed among the old partners in their sacrificing ratio of 2:2:1. How much will the third old partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe sacrificing ratio is 1:4, and the premium received for goodwill is ₹50,000. How much of the premium will the second old partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyOn the admission of a new partner, a goodwill premium of ₹32,000 is received. The old partners’ sacrificing ratio is 3:1. How much of the premium will the first old partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe goodwill of a firm is ₹45,000, and a new partner acquires a 1/5 share in the firm. How much should the new partner bring for goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy