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Goodwill Premium

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyWhy is goodwill premium on admission not put into revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyOn 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 AccountingExpertAccountancyThe 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 the profits of a firm in the ratio 8:2. On the admission of new partner C, a goodwill premium of ₹50,000 is received. A and B share this premium in their sacrificing ratio of 3:2. How much will B receive from the premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B share profits and losses in the ratio of 6:1. C is admitted for a 1/7 share, and the new ratio of the old partners becomes 5:1. C brings ₹35,000 as goodwill premium. To whom will this premium be credited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA goodwill premium of ₹60,000 is brought in cash. The sacrificing ratio is 2:3, and old partners withdraw 40% of the premium. What net increase will remain in Bank?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyThe firm's total goodwill is (₹144000). A new partner takes (1/6) share and the sacrificing ratio is (5:3). How much will be credited to the first old partner?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B share profits in the ratio 5:1. C is admitted for a 1/6 share, and the new ratio of A and B becomes 4:1. To whom should the goodwill premium of ₹30,000 brought by C be credited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyIf premium for goodwill is ₹64,000 and the sacrificing ratio is 3:1:4, how much will the third partner receive?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 and B share profits and losses in the ratio 4:1. C is admitted for a 1/5 share, and the new ratio of the old partners becomes 3:1. If C brings ₹25,000 as goodwill premium, who will receive the premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyIf premium for goodwill is ₹48,000 and the sacrificing ratio is 1:2:5, how much will the second partner receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyThe goodwill of a firm is valued at ₹1,20,000. A new partner acquires a 1/6 share in the profits and brings ₹12,000 in cash as goodwill premium. The old partners sacrifice their shares in the ratio 3:2. How much of the premium brought in cash will be credited to the second old partner?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld partners share profits in (3:2). A new partner takes (1/5) share and the sacrificing ratio is (4:1). If the firm's goodwill is (₹100000), how much will be credited to the first old partner?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA and B sacrifice in the ratio 2:1. C brings ₹45,000 as goodwill premium. How much will A receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyThe firm’s goodwill is ₹1,50,000 and the new partner receives a 1/5 share. What is his goodwill premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyThe firm's total goodwill is (₹90000) and the new partner takes (1/10) share. How much goodwill will the new partner bring?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyWhy is premium for goodwill not treated as normal income of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyWhen 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 AccountingEasyAccountancyWhen 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

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