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Average Profit

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

AccountancyWhile calculating average profit for goodwill valuation what is done with future manager salary not previously charged?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 AccountancyHow is abnormal loss treated before calculating average profit for goodwill valuation?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyProfits for three years are ₹40000 ₹50000 and ₹60000. Goodwill is valued at two years' purchase of average profit. What is goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyWhile valuing goodwill by the average profit method, what will be the effect if abnormal gain is not deducted from the average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf rent expense will increase by ₹30,000 per year in future, what will be the effect on average profit for goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhile calculating average profit for the valuation of goodwill, how should the abnormal flood loss of ₹40,000 incurred last year be adjusted?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 the firm suffered an abnormal loss due to machine accident last year what should be done while calculating average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees three lakh and years purchase is two and a half what is goodwill by average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf goodwill is calculated simply by multiplying profit by number of years purchase which method is used?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhy is normal partners remuneration adjusted while calculating goodwill by average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf past profits are rupees one lakh two lakh and six lakh and the last year includes abnormal gain of rupees three lakh what is the adjusted profit of the last year for averaging?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf capitalized average profit is ₹8,00,000 and actual capital employed is ₹6,50,000, what is goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyHow is an abnormal gain treated while calculating average profit for goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyHow is an abnormal loss treated while calculating average profit for goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyProfits are ₹110000, ₹90000 and ₹130000. The first year included abnormal profit of ₹20000. What is the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyThe profits for three years are ₹65,000, ₹75,000 and ₹1,00,000, respectively. What is the average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyProfits are ₹28000 ₹32000 and ₹25000. First year includes abnormal loss of ₹4000. What will be the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyProfits are ₹45000 ₹55000 and ₹70000. Third year includes abnormal profit of ₹10000. What will be the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy