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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।

AccountancyHow is an expense not expected in future treated in goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyProfits are ₹28000 ₹32000 and ₹25000. First year includes abnormal loss of ₹4000. What will be the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyProfits are ₹45000 ₹55000 and ₹70000. Third year includes abnormal profit of ₹10000. What will be the correct average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyWhile calculating average or maintainable profit for the valuation of goodwill, how is abnormal loss treated?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyWhile calculating average profit for the valuation of goodwill, how is abnormal profit treated?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyIf a new partner cannot bring goodwill in cash how can adjustment be made?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyBefore admission existing goodwill appearing in books is written off in which ratio?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyB and C have a gaining ratio of 3:2. The retiring partner’s goodwill is valued at ₹75,000. What will be B’s share of this amount?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyOn retirement remaining partners bear goodwill in which ratio?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyWho gets the benefit of goodwill on retirement?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyA and B have old ratio 7:3. C gets one fifth share and A B sacrifice in old ratio. What will be the sacrificing ratio?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyA and B have a sacrificing ratio of 4:1. The new partner brings ₹50,000 as goodwill. How much of this amount will A receive?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyA’s old share is \(\frac{3}{5}\) and the new share is \(\frac{1}{2}\). What is A’s sacrificing share?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyGoodwill brought by a new partner is distributed among old partners in which ratio?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyAssets are ₹750000 and outside liabilities are ₹180000. What will be the actual capital?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyA firm’s capitalized value is ₹9,50,000 and its actual capital is ₹7,00,000. According to the capitalization method, what is the firm’s goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyAverage profit is ₹64000 and normal rate of return is 8%. What will be the capitalized value?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyHow is goodwill calculated under capitalization method?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyIf average profit is less than normal profit what will be the conclusion under super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyThe average profit is ₹78,000 and the normal profit is ₹58,000. The firm’s goodwill is valued at 4 years’ purchase. What is the value of goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy

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