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Partnership Accounts Basic Concepts

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

AccountancyThe capital employed is ₹16,00,000, the average profit is ₹2,40,000, and the normal rate of return is 13%. What is the super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyThe adjusted average profit is ₹1,50,000, the normal rate of return is 12%, and the actual capital employed is ₹9,50,000. What is the value of goodwill using the capitalization of average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyProfits are (₹180000), (₹220000), (₹260000). First year had abnormal loss (₹40000) and third year had abnormal profit (₹30000). What is adjusted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyNew partner C takes one fifth share and total goodwill is valued at rupees three lakh. What will be C's goodwill premium?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyA and B share profits in old ratio seven ratio five and new ratio two ratio one. Who will sacrifice in goodwill adjustment?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees two lakh seventy thousand including abnormal gain of rupees forty thousand and normal profit is rupees one lakh fifty thousand what is super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average adjusted profit is rupees four lakh capital employed is rupees fifteen lakh and normal rate of return is twelve percent what is super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhat does a higher number of years purchase for goodwill indicate?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhen a new partner brings no goodwill in cash and goodwill is not to be kept in books how are old partners compensated?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhy is it wrong to depend only on one year's abnormally high profit for goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf capital employed increases and average profit remains same what happens to normal profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf the normal rate of return decreases and other things remain the same what happens to goodwill under capitalization of super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhile valuing goodwill, which item should be deducted from average profit if it will continue in the future?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhy is goodwill adjusted in case of death of a partner?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyThe retiring partners share of goodwill is rupees eighty thousand and continuing partners gaining ratio is three ratio two what is the burden of the first continuing partner?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyA new partner brings rupees eighty thousand for goodwill and sacrificing ratio is three ratio one how much will the first old partner receive?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees three lakh and years purchase is two and a half what is goodwill by average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees ninety thousand and normal profit is rupees one lakh ten thousand what conclusion follows under super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhy is future maintainable earning given more importance in goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhy does a superior location affect goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard