Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Goodwill

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

AccountancyWhich statement about goodwill adjustment is incorrect?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyA B and C old ratio is 3:2:1. C retires and A B new ratio is 2:1. Who gains?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhy is it considered necessary to write off old goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyIf goodwill account is not opened what is the effect of new goodwill on the balance sheet?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhat is the effect on profit and loss account when goodwill is adjusted through capital accounts?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhy are gaining partners capital accounts debited in goodwill adjustment?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyA, B and C share profits in the ratio 4:3:3. B dies, and the firm's goodwill is valued at ₹120000. How much is payable to B's executor as B's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyGoodwill appearing in the books is ₹45,000, and the partners’ old profit-sharing ratio is 5:3:1. On writing off the old goodwill, how much will be debited to B’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhen continuing partners keep sharing profits in their old mutual ratio what will be the gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyA’s old profit-sharing share is \(\frac{1}{2}\) and B’s old share is \(\frac{1}{3}\). After C’s retirement, A and B agree to share profits in the new ratio 3:2. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhat is the correct difference between revaluation profit and goodwill adjustment on retirement?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhat is the relation between goodwill and profit up to the date of death for a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyOn death of a partner to whom is his share of goodwill considered payable?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyThe adjusted capital balance of a retiring partner is ₹70000 but he is paid ₹85000. His old share is ( \frac{1}{4} ). What is total hidden goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyAverage profit is ₹72000 normal rate of return is 12 percent and capital employed is ₹500000. What is goodwill by capitalization method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyActual profit is ₹65000 and normal profit is ₹50000. Goodwill is valued at 2 years purchase of super profit. What is goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyThe profits for the last three years are ₹30,000, ₹35,000 and ₹40,000, respectively. Goodwill is valued at two years’ purchase of the average profit. If C’s share is \(\frac{1}{4}\), what is the value of C’s share in goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyAverage profit is ₹20000 and goodwill is valued at 3 years purchase. What will be the goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhich is the correct entry to remove old goodwill from books?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyA B and C share in 5:3:2. C retires and A B new ratio is 7:3. Goodwill is ₹100000. Who will bear the burden?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium