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Death Of Partner

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

AccountancyWhat is the effect on the firm when payment is made against a retiring or deceased partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyThe total value of goodwill is ₹2,70,000, and the deceased partner’s share in goodwill is \(\frac{2}{9}\). What amount will be credited to the deceased partner’s executor as his share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyOn a partner’s death, how are goodwill and the deceased partner’s share of profit up to the date of death generally recorded in the partner’s capital or current account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyA, B and C share profits in the ratio 2:5:3. B dies, and the goodwill of the firm is valued at ₹1,80,000. How much will B’s executor receive for goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyThe deceased partner’s share in goodwill is \(\frac{2}{11}\). The average profit is ₹1,21,000, and goodwill is valued at two years’ purchase. What is the value of the deceased partner’s share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyOn the death of a partner, the firm's goodwill is valued at ₹54,000. The gaining partners gain in the ratio 4:2:3. What amount will be debited to the capital account of the second gaining partner for the adjustment of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancySuper profit is ₹75,000, and goodwill is valued at three years’ purchase. The deceased partner’s share is \(\frac{2}{15}\). What amount of goodwill is due to him?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyThe deceased partner's share is one ninth. Super profit is ₹ 54000 and goodwill is four years' purchase. What is the deceased partner's goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyDeceased partner's goodwill is ₹ 88000. Two gaining partners gain equally but the third continuing partner sacrifices. How much burden will each gaining partner bear?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyThe deceased partner's old share is three tenth. Average profit is ₹ 60000 and goodwill is valued at three years' purchase. What is the deceased partner's goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyA, B and C share profits in the ratio 3:4:5. A dies, and the goodwill of the firm is valued at ₹96,000. How much will A’s executor receive as A’s share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyDeceased partner's goodwill amount is ₹ 75000. Continuing partners A B C gain in 2:1:2. By how much will C's capital be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyThe deceased partner’s goodwill is valued at ₹56,000. If A and B gain in the ratio 3:5, what will be the debit effect on A’s and B’s capital accounts, respectively?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyIf deceased partner's goodwill amount is ₹ 42000 and continuing partners gain in 5:2 then how much will the second partner bear?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyThe deceased partner's old share is two ninth and firm's goodwill is valued at two years' purchase of average profit ₹ 81000. What is the deceased partner's goodwill amount?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyA, B and C share profits in the ratio 3:2:5. A dies, and the firm’s goodwill is valued at ₹60,000. How much will A’s executor receive for goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyA partnership firm has goodwill of ₹72,000 recorded in its books. At the time of a partner’s retirement or death, it is written off in the old ratio of 4:3:2. What amount will be debited to B’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhich account is credited for deceased partner's goodwill amount?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyOn death of a partner who receives the goodwill amount instead of the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyA, B and C share profits in the ratio 4:3:3. B dies, and the firm's goodwill is valued at ₹120000. How much is payable to B's executor as B's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium