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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 average profit of a firm is ₹1,80,000, its normal rate of return is 12%, and its actual capital employed is ₹12,80,000. What is the goodwill of the firm by the capitalisation of average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyThe super profit is ₹50,000 and the normal rate of return is 20%. What is the value of goodwill under the capitalization of super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyCapital employed is ₹750000 and normal rate of return is 12%. What is normal profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyIf the average profit is ₹1,40,000 and the normal profit is ₹1,05,000, what will be the super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyProfits are ₹60000, ₹80000 and ₹90000, and weights are 1:2:4. What is the approximate weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyThe average profit is ₹92,000, and goodwill is valued at 3 years’ purchase. What is the value of goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyThe profits for three years are ₹65,000, ₹75,000 and ₹1,00,000, respectively. What is the average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyWhat is the main difference between self generated goodwill and purchased goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyWhy can goodwill give a business more value than a normal firm?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyC brings capital of (₹120000) for (1/5) share. On this basis total capital of the firm is taken as (₹600000), while actual adjusted capital is (₹480000). What will be hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyIf a new partner brings only capital but not goodwill amount separately how can old partners be given goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyWhat is the main purpose of adjusting past profits in goodwill valuation?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf a firm's average profit is consistently higher than its normal profit, what does this indicate?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyWhat should be checked first while solving a goodwill question?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyIf a new partner brings ₹36,000 as goodwill and the sacrificing ratio of the old partners is 2:1, how much of the goodwill will the second old partner receive?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyIf capitalized value is more than actual capital what is the difference called?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyHow can a good business location affect its goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyDue to which reason can the goodwill of a business decrease?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyIn the context of a partnership firm, which statement about goodwill is correct?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyWhile determining maintainable profit for goodwill valuation, how is regular additional income expected in the future treated?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy