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Goodwill Valuation

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

AccountancyA firm’s goodwill is valued at ₹1,20,000. If the deceased partner’s share in goodwill is \(1/6\), what is the value of his share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyThe 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 SettlementExpertAccountancyThe average profit is ₹1,50,000, the capital employed is ₹10,00,000, and the normal rate of return is 12%. What will be the value of goodwill at three years’ purchase of super profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyThe deceased partner’s share in goodwill is \(\frac{2}{11}\). The average profit is ₹1,21,000, and goodwill is valued at two years’ purchase. What is the value of the deceased partner’s share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyThe actual profit is ₹92,000 and the normal profit is ₹74,000. Goodwill is valued at 5 years’ purchase of super profit. What is the value of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyThe average profit is ₹42,000, and goodwill is valued at 3.5 years’ purchase. What is the value of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyThe actual profit is ₹88,000 and the normal profit is ₹70,000. If goodwill is valued at 4 years’ purchase of super profit, what will be the value of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyThe average profit is ₹36,000, and goodwill is valued at 2.5 years’ purchase. What will be the value of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyIf goodwill is valued at three years' purchase of average profit and average profit is ₹20,000, what is goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyIf the total value of goodwill is not stated directly but the question provides the necessary data and a valuation method, what should be done first?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyIn which method is average profit multiplied by years' purchase?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyIn which situation may valuation of goodwill be necessary in a firm?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyA partnership firm has an actual average profit of ₹50,000 and a normal profit of ₹35,000. What is the firm's super profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyThe super profit is ₹15,000 and the number of years’ purchase is 3. What is the value of goodwill under the super profit method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyOn what basis is goodwill valued under the super profit method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyHow is goodwill usually calculated under the average profit method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyUnder the capitalization method, average profit is ₹2,80,000, normal return is 14%, and actual capital is ₹16,50,000. What will be goodwill?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHardAccountancyIf normal profit is ₹95,000 and average profit is ₹95,000, what will be goodwill under the super profit method?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyUnder the weighted average profit method, profits are ₹70,000, ₹90,000 and ₹130,000 with weights 1:2:4. What is the weighted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyProfits for four years are ₹95,000, ₹105,000, ₹125,000 and ₹115,000. The third year included an abnormal profit of ₹25,000. What is the correct average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium

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