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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।

AccountancyProfits for four years are ₹70000 ₹90000 ₹100000 and ₹80000 after deducting abnormal loss of ₹30000 in the second year. What is adjusted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyA and B are partners in 5:4. C receives a 1/3 share sacrificed by A and B in their old ratio. Goodwill is ₹81,000. How much compensation will A receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA, B and C have a new profit-sharing ratio of 4:3:2. C is the new partner. If C’s share in the total goodwill is ₹36,000, what is the total goodwill of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyA and B share in old ratio (3:1). After admission the new ratio of A B and C is (5:2:1). Which statement is correct?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyWhen goodwill is raised in old ratio and then written off in new ratio on admission who gets the real benefit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyThe firm raises a goodwill account of ₹90,000. A and B share old profits in 3:2, and goodwill is later written off in the new ratio 2:2:1. What burden will fall on C?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B share profits in (7:5). C takes (1/4) share. C takes (1/6) from A and the balance from B. What is the sacrificing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyA and B are partners sharing profits and losses in the ratio of 2:1. C is admitted to the firm for a 1/4 share, and the goodwill of the firm is valued at ₹72,000. If A sacrifices 1/6 of his share, what is B’s sacrifice?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyIn super profit method average profit is ₹120000. Capital employed is ₹800000 and normal return is (10%). What is goodwill at 3 years' purchase?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyA and B share in old ratio (4:3). The new ratio among A B and C is (3:3:2). Goodwill is ₹56000. Who will receive C's goodwill compensation?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyA and B are partners in (3:2). C is admitted for (1/4) share and brings only ₹18000 cash goodwill while his required goodwill is ₹30000. Which account will be debited for the balance goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyGoodwill appears in old books at ₹48000. A and B share in old ratio (5:1). What is the effect on A's capital when goodwill is written off before admission?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyA new partner brings ₹60000 as capital for (1/6) share. Actual capital of all partners after admission is ₹300000. What is the hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyIn a difficult goodwill question, when part of premium is cash and part is adjusted, how much amount is credited to old partners?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyIf goodwill is (₹180000) and the new partner takes (1/3) share. Sacrificing ratio is (2:1:3). How much will first and second old partners receive together?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld partners' new shares are (3/8) and (3/8), and the new partner takes (1/4) share. Old ratio was (5:3). What is the sacrificing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe premium for goodwill brought in by the new partner is ₹75,000. The old partners’ sacrifices are \(\frac{2}{15}\) and \(\frac{1}{5}\), respectively. How much of the premium will the first old partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B share profits and losses in the ratio 9:6. C is admitted for a 1/5 share and brings ₹60,000 as goodwill premium. If A and B sacrifice in their old ratio, how much of the goodwill premium will B receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyPremium for goodwill is (₹54000). (₹30000) is brought in cash and the balance is adjusted through the new partner's current account. How much total will old partners be credited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld ratio is (4:5) and new ratio is (3:4:2). What is the sacrificing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHard

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