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Goodwill Accounting

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 and losses in the ratio 3:2. C is admitted to the firm for a 1/5 share. After C’s admission, A’s new share is 1/2. What is B’s sacrifice?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld partners' ratio was (4:3) and the new ratio is (3:3:1). Premium for goodwill is (₹28000). Who will receive the premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld partners' ratio was (8:7) and the new ratio is (5:4:3). What is the sacrificing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyFirm's goodwill is (₹96000). A new partner takes (1/8) share. He does not bring cash. What amount will be debited to the new partner's account?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe new partner does not bring goodwill in cash. His goodwill is ₹42,000 and the sacrificing ratio is 2:3:1. How much will be credited to the second old partner?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyPremium for goodwill of ₹48,000 is brought in cash. The sacrificing ratio is 3:1 and the old partners withdraw 25% of the premium. What net increase will remain in Bank?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA new partner brings (₹90000) capital for (1/4) share. Adjusted capital of old partners is (₹280000). What will be hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA new partner takes (1/5) share. His capital is (₹70000). Old partners' total actual capital is (₹260000). What is hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld partners share in (6:3:1). The new ratio is (5:3:1:1). Premium for goodwill is (₹40000). Which old partner will receive the full premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B's old ratio is (5:3). The new ratio is (3:2:1). Total goodwill is (₹96000). How much will be credited to A in goodwill adjustment?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe super profit is ₹24,000 and the normal rate of return is 12%. What is the value of goodwill under the capitalization of super profit method?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe average profit is ₹90,000, the normal rate of return is 15%, and the actual capital employed is ₹5,20,000. What is the value of goodwill under the capitalization of average profit method?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe average profit is ₹1,10,000, the capital is ₹7,00,000, and the normal rate of return is 12%. What is the firm's super profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyProfits of the last three years are (₹40000), (₹60000), (₹80000) and weights are (1:2:3). What is goodwill at two years' purchase by weighted average profit method?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 AccountingHardAccountancyGoodwill of (₹72000) appears in books. Old partners share profits in (5:3:1). On writing off goodwill before admission, how much will be debited to the second partner?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B share in (4:1). C takes (1/5) share in the old ratio. Total goodwill is (₹100000). How much will B receive from premium for goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B are partners in (7:5). C takes (1/4) share and the sacrificing ratio is (2:1). The firm's total goodwill is (₹120000). How much will be credited to A?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA's old share was (3/5) and new share is (1/2). B's old share was (2/5) and new share is (1/3). Which partner sacrificed more?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyTotal goodwill is ₹80000 and C is admitted for (1/4) share. C does not bring goodwill in cash and A and B sacrifice in (3:1). How much credit will A receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium

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