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Goodwill Settlement

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

AccountancyThe average profit is ₹2,15,000. The capital employed is ₹16,00,000 and the normal rate of return is 11%. What is the value of goodwill based on four years’ purchase of super profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyProfits are ₹140000 ₹160000 and ₹100000. The third year includes abnormal gain of ₹25000. What is goodwill at 2 years purchase of adjusted average profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyProfits are ₹90000 ₹70000 and ₹110000. The second year includes abnormal loss of ₹20000. What is goodwill at 3 years purchase of adjusted average profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyUnder the memorandum method, goodwill of ₹240,000 is written off between A and B in their new ratio of 5:7. How much will be debited to B’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyUnder the memorandum method, goodwill of ₹1,80,000 is recorded in the books. If the old profit-sharing ratio is 3:2:4, how much will be credited to partner C’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld goodwill in books is ₹132000 and ratio is 4:3:4. New goodwill is ₹220000 and C retires. What is the net effect in C account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld goodwill in books is ₹108000 and ratio is 5:2:2. New goodwill is ₹270000 and B retires. What is the net goodwill effect on B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill appearing in the books is ₹1,62,000, and the partners’ old profit-sharing ratio is 7:4:7. On writing off the old goodwill, how much will be debited to partner C’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill recorded in the books is ₹1,87,000, and the partners’ old profit-sharing ratio is 4:5:2. On writing off the old goodwill, what amount will be debited to Partner B’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyA B and C share profits in 5:6:4. C retires and A B new ratio is 7:3. Goodwill is ₹225000. What is A total goodwill burden?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyA B and C share profits in 6:5:4. C retires and A B new ratio is 5:2. Goodwill is ₹210000. What is compensation for B sacrifice?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill is ₹330000 and retiring partner share is ( \frac{2}{15} ). Gaining ratio is 3:8. What is the burden on the first partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill is ₹216000 and the retiring partner share is ( \frac{5}{18} ). Gaining ratio is 7:5. What is the burden on the second partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyA retiring partner’s share of goodwill is 4/13 and the amount credited for that share is ₹52,000. What is the total value of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyA, B and C share profits in the ratio 7:5:4. C retires, and the firm's goodwill is ₹1,92,000. What is C's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyWhen a negative result appears in gaining ratio what care should be taken in exams?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyThe old profit-sharing ratio of A, B and C is 7:5:3. A retires, and B and C agree to share future profits in the new ratio of 2:1. What is the gaining ratio of B and C?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyThe old profit-sharing ratio of A, B and C is 1:4:5. When C retires, the new ratio of A and B becomes 2:3. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyIn a partnership firm, the old profit-sharing ratio of A, B and C is 4:2:3. After B retires, A and C agree to a new profit-sharing ratio of 3:4. Who actually gains from B’s retirement?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld ratio is 8:3:1. C retires and A B new ratio is 5:1. Who actually gained?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert

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