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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।

AccountancyC brought ₹64,000 as goodwill in cash. The old partners retained 37.5% of it in the business and withdrew the balance. What will be the withdrawal?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyAn existing partner’s old profit-sharing share is \(\frac{3}{10}\), and the new share after reconstitution is \(\frac{1}{4}\). What does this indicate?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B share profits in the ratio 11:9. C is admitted into the partnership and receives \(\frac{1}{5}\) of the total profits. If A’s new profit share is \(\frac{2}{5}\), what will be B’s new profit share?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA's old share is (7/15) and new share is (2/5). B's old share is (8/15) and new share is (7/15). Who sacrificed more?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIf an old partner's new share becomes higher than his old share what is the correct treatment regarding goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyTotal goodwill is ₹320000. C is admitted for (3/16) share. Sacrificing ratio of A and B is (5:1) and C does not bring goodwill. How much will A's capital be credited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIf the question clearly says that the new partner takes his share equally from old partners what will be the basis of goodwill distribution?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyUnder fluctuating capital method if the new partner does not bring goodwill in cash through which account can adjustment generally be made?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyC's required goodwill is ₹88000. C brings ₹55000 cash. Sacrificing ratio is (6:5). How much total credit will the second old partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIf the recent year contains a very large abnormal profit what care is needed in weighted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyUnder weighted average profit profits are ₹85000 ₹95000 ₹125000 and ₹145000 with weights (1:2:3:4). What is the weighted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyProfits for four years are ₹90000 ₹130000 ₹160000 and ₹150000. The fourth year included abnormal loss of ₹20000. What is the correct average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyProfits for three years are ₹125000 ₹155000 and ₹170000. The first year included abnormal profit of ₹25000. What will be the adjusted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B share in (10:9). C gets (3/19) share sacrificed in old ratio. Total goodwill is ₹190000. How much compensation will A receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyThe new profit-sharing ratio of A, B and C is 7:6:5. C is the new partner. If the goodwill attributable to C's share is ₹1,00,000, what is the total goodwill of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B share in old ratio (9:11). After admission the new ratio is (5:6:4). Which statement is correct?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyWhen will an old partner get a net credit when goodwill is raised and written off?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyThe firm raises goodwill account at ₹150000. Old partners were in (3:2) and the new ratio is (4:3:3). What burden will fall on the new partner when it is written off?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B share profits in the ratio 11:7. C takes a 1/6 share, taking 1/9 from A and the balance from B. What is the sacrificing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyThe new partner privately paid goodwill to the old partners, but the firm recorded it. What is the correct correction of this mistake?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium