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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।

AccountancyIf goodwill is not to be shown in the books, which account is credited with the retiring partner's share of goodwill in the adjustment entry?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyIn what ratio do the continuing partners usually bear the goodwill compensation payable to a retiring partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyWhen a firm's goodwill is valued at a partner's retirement, what determines the retiring partner's share of that goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyWhat is the main purpose of settling goodwill when a partner retires?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyGaining ratio is most useful in which adjustment?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpertAccountancyWhat is the correct meaning of gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpertAccountancyOn retirement what is the most common use of gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasyAccountancyGaining ratio is mostly connected with which purpose?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMediumAccountancyC's share is (1/9) and total goodwill is ₹270000. If only B sacrifices how much goodwill will B receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyUnder fluctuating capital method if the new partner does not bring goodwill in cash through which account can adjustment generally be made?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyIn a similar situation C's share is (1/8) and total goodwill is ₹160000. If only B sacrifices how much goodwill will B receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyC is admitted to the firm for a 2/11 share. The firm’s total goodwill is ₹2,75,000, and C brings ₹42,000 towards goodwill. What is the deficiency in the goodwill premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyUnder fixed capital method if goodwill is not brought in cash which account is more suitable to credit old partners?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyIn the above type of situation C's share is (1/5) and total goodwill is ₹100000. If only A sacrifices how much goodwill will A receive?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyIf the firm follows fixed capital method and the new partner does not bring goodwill where can the goodwill adjustment generally be made?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpertAccountancyUnder the capitalization method, average profit is ₹1,50,000, normal return is 12%, and actual capital is ₹10,00,000. What is goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHardAccountancyIf the new partner's goodwill is (₹65000) and he pays it privately to old partners, what entry will be made in the firm's books?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld ratio is (4:5) and new ratio is (3:4:2). What is the sacrificing ratio?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyAverage profit is (₹160000), normal profit is (₹124000), and years' purchase is (3). A new partner takes (1/9) share. What is his goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyOld partners share in (9:6). A new partner takes (1/5) share. If the first partner sacrifices (2/15), what is the second partner's sacrifice?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHard

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