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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।

AccountancyOld ratio is 4:2:3. C retires and A B new ratio is 3:2. What is the gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyA, B and C share profits in the ratio 1:2:2. A retires, and the firm’s goodwill is ₹75,000. What amount will A receive as his share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyA, B and C share profits in the ratio 4:1:5. A dies, and the goodwill of the firm is valued at ₹1,00,000. How much will be payable to A’s executor for goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyA, B and C share profits and losses in the ratio 3:5:2. B retires, and the firm’s goodwill is valued at ₹90000. How much will B receive as his share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyA, B and C share profits in the ratio 7:2:1. C retires, and the firm’s goodwill is ₹70,000. What is C’s share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyUnder the method of not opening goodwill account how is new goodwill shown in the balance sheet?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyIf old goodwill exists in books what is done before fresh goodwill adjustment?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyWhich ratio is generally used to distribute goodwill burden?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyWhich ratio is first considered to calculate the retiring partner goodwill amount?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyOn retirement goodwill is considered compensation for what?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyIn a goodwill adjustment, which item is not treated as sales income?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyThe statement is that the retiring partner goodwill share can be adjusted without opening goodwill account. What is the correct reason?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyWhat is the effect of adding goodwill to deceased partner executor account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyA retiring partner is paid ₹20000 more than his adjusted capital. His share is ( \frac{1}{3} ). What is hidden goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyGoodwill recorded in the books is ₹60,000, and the partners’ old profit-sharing ratio is 3:2:1. When the old goodwill is written off, how much will be debited to partner C’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyGoodwill is ₹125000 and the retiring partner share is ( \frac{1}{5} ). Gaining ratio is 2:3. What is the burden on the first partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyThe profits for four years are ₹30,000, ₹40,000, ₹50,000 and ₹60,000, respectively. Goodwill is valued at two years’ purchase. What is the value of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyWhen does goodwill adjustment through capital accounts not affect total assets?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyWhich share is used to calculate the retiring partner share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyIn the entry for deceased partner goodwill share what will be the nature of executor account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium

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