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Goodwill

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

AccountancyWhen one continuing partner sacrifices and another gains who mainly bears the goodwill adjustment burden?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyA B and C share profits in 4:4:2. C retires and A B new ratio is 7:3. Goodwill is ₹150000. What is A total goodwill burden?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyA B and C share profits in 5:3:2. C retires and A B new ratio is 4:1. Total goodwill is ₹100000. What is compensation for B sacrifice?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyWhich is the correct entry for writing off old goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill recorded in the books is ₹1,26,000, and the partners’ old ratio is 4:2:3. What amount will be debited to Partner B’s account when the old goodwill is written off?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill is ₹135000 and the retiring partner share is ( \frac{4}{15} ). Gaining ratio is 2:1. What is the burden on the first partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill is ₹96000 and the retiring partner share is ( \frac{1}{8} ). Gaining ratio is 5:1. What is the burden on the second partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyThe retiring partner share is ( \frac{3}{8} ) and his goodwill share is ₹45000. What is total goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyIf new ratio is not given and continuing partners remain in their old mutual ratio what is the gaining ratio assumed?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld ratio is 7:1:2. C retires and A B new ratio is 3:1. What is the gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld ratio is 2:3:1. C retires and A B new ratio is 5:4. Who actually gained?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld ratio is 3:5:2. B retires and A C new ratio is 2:3. What is the gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld ratio is 6:2:1. C retires and A B new ratio is 4:1. Who has gained?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld ratio is 5:3:2. C retires and A B new ratio is 7:3. What is the gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyAfter calculating the retiring partner goodwill share in which ratio is it charged to continuing partners?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyIf one continuing partner share decreases what right may arise in goodwill adjustment?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld ratio is 7:2:1. C retires and A B new ratio is 4:1. What is the gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyIf the retiring partner goodwill share is ₹56000 and the gaining ratio is 5:2 what is the burden on the first continuing partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyThe retiring partner goodwill share is ₹42000 and gaining ratio is 4:3. What is the burden on the second partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyThe statement says goodwill share is calculated by old ratio and burden is distributed by gaining ratio. How is this statement?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium

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