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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।

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 AccountancyIn the new profit-sharing ratio of 3:1:1, the third partner is the incoming partner. What will be the incoming partner’s share of the total profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyIf an old partner makes no sacrifice, how much will he receive from premium for goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyIf old partners give profit share to the new partner in old ratio, in which ratio will premium be distributed?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AccountancyA premium of ₹16,000 received from the new partner is deposited into the bank and the entire amount is withdrawn immediately.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 AccountancyWhen the old partners withdraw the amount of goodwill premium, on which side is the Bank Account recorded in the journal entry for the withdrawal?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 AccountancyNew partner does not bring goodwill in cash. In general adjustment, which account will be debited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyIf the estimated total capital is equal to the actual total capital, what will be the value of hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA firm’s estimated total capital is ₹1,80,000 and its actual total capital is ₹1,55,000. What is the firm’s hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA new partner brings ₹70,000 capital for a \(1/4\) share in the firm. Assuming the capital is contributed in proportion to the profit-sharing ratio, what is the estimated total capital of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyWhen can hidden goodwill be calculated?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyUnder capitalization method, goodwill can be calculated from which difference?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyWhat is used to calculate normal profit?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 AccountancySuper profit is (₹18000) and years' purchase is (3). What will be the goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe average profit of a firm is ₹58,000 and its normal profit is ₹46,000. What will be its super profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyIf the average profit is ₹16,000 and the years’ purchase is 4, what will be the total goodwill under the average profit method?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