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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 new profit-sharing ratio of A, B and C is 5:4:3. C is the new partner. If C's share of goodwill is ₹45,000, what is the total goodwill of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B share in old ratio (2:3). After admission the new ratio is (3:4:3). Which statement is correct?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyWhen goodwill is raised and written off in new ratio if an old partner's new share is more than old share what may be his net effect?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyThe firm raises goodwill account at ₹120000. Old partners were in (2:1) and the new ratio is (3:2:1). 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 (4:3). C takes (2/7) share. C takes (1/7) from A and the balance from B. What is the sacrificing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIf the incoming partner privately pays goodwill to the old partners and the amount is not recorded in the firm’s books, what is the effect on the final balance sheet?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyOn the admission of a new partner, in which ratio is the goodwill premium brought in cash credited to the old partners’ capital accounts?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyUnder the capitalization method, average profit is ₹225,000, the normal rate of return is 15%, and actual capital is ₹1,320,000. What will be the value of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHard AccountancyAverage profit is ₹180000. Capital employed is ₹1200000 and normal return is (11%). What is goodwill by super profit method at 4 years' purchase?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B share in old ratio (5:4). The new ratio among A B and C is (3:4:2). Which old partner will receive goodwill compensation?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyC's required goodwill is ₹54,000. He brings ₹39,000 in cash towards goodwill. The sacrificing ratio of A and B is 5:3. By how much should A's Capital Account be credited for unbrought goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyGoodwill appears in old books at ₹66000. Old partners share profits in (6:5). Before admission how much will the second partner's capital be debited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA new partner brings ₹75000 capital for (1/8) share. Actual total capital after admission is ₹520000. What will be the hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA B and C's new ratio is (6:9:5) and C's share came only from A. C's required goodwill is ₹30000. Who will be credited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B share in (11:9). C is admitted for (1/4) share and takes the whole share only from A. What will be the new profit sharing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIn the above type of situation C's share is (1/5) and total goodwill is ₹100000. If only A sacrifices how much goodwill will A receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyA and B were in (4:1). C is admitted and new ratio becomes (2:2:1). Goodwill is ₹100000. Which old partner will receive compensation from C?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIf sacrificing ratio is given and old ratio is also given which ratio is primary for goodwill distribution?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyWhat is the most important difference between writing off old goodwill and adjusting new goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyThe new profit-sharing ratio of A, B and C is 9:6:5. C is the new partner, and the ₹75,000 goodwill brought by C represents the goodwill for his share. What is the total goodwill of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert