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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 actual average profit is less than normal profit what generally happens under super profit method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyWhat is the most important calculation difference between average profit method and super profit method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyWhat is the expert meaning of a negative result in gaining ratio?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyWhy is the deceased partner’s goodwill share credited to the Executor’s Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyHow should goodwill and profit up to date of death be read in a deceased partner account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyIf final amount due and adjusted capital are exactly equal what is the correct conclusion about hidden goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyThe retiring partner adjusted capital is ₹240000 and amount due is ₹294000. His share is ( \frac{3}{10} ). What is hidden goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyA retiring partner is due ₹66000 more than adjusted capital. His share is ( \frac{11}{30} ). What is hidden goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancySuper profit is ₹55000 and annuity factor is 3.60478. What is goodwill approximately by annuity method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyAverage profit is ₹330000 normal return is 15 percent and capital employed is ₹1800000. What is goodwill by capitalization method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyProfits are ₹140000 ₹160000 and ₹100000. The third year includes abnormal gain of ₹25000. What is goodwill at 2 years purchase of adjusted average profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyProfits are ₹90000 ₹70000 and ₹110000. The second year includes abnormal loss of ₹20000. What is goodwill at 3 years purchase of adjusted average profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyProfits are ₹60000 ₹90000 and ₹120000 with weights 1:2:3. What is goodwill at 3 years purchase of weighted average profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyUnder the memorandum method, goodwill of ₹1,80,000 is recorded in the books. If the old profit-sharing ratio is 3:2:4, how much will be credited to partner C’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyThe retiring partner goodwill share is ₹99000 and gaining ratio is 4:7. Under direct method how much will the first gaining partner be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld goodwill in books is ₹132000 and ratio is 4:3:4. New goodwill is ₹220000 and C retires. What is the net effect in C account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOld goodwill in books is ₹108000 and ratio is 5:2:2. New goodwill is ₹270000 and B retires. What is the net goodwill effect on B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill appearing in the books is ₹1,62,000, and the partners’ old profit-sharing ratio is 7:4:7. On writing off the old goodwill, how much will be debited to partner C’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyGoodwill recorded in the books is ₹1,87,000, and the partners’ old profit-sharing ratio is 4:5:2. On writing off the old goodwill, what amount will be debited to Partner B’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyA B and C share profits in 5:6:4. C retires and A B new ratio is 7:3. Goodwill is ₹225000. What is A total goodwill burden?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert

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