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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।

AccountancyProfits of the last three years are ₹240000, ₹300000 and ₹420000, with weights 1, 2 and 3. What is weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf rent expense will increase by ₹30,000 per year in future, what will be the effect on average profit for goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhile calculating average profit for the valuation of goodwill, how should the abnormal flood loss of ₹40,000 incurred last year be adjusted?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyThe average profit includes insurance claim income of ₹75,000 that will not recur in the future. What adjustment should be made while determining the adjusted average profit for valuing goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf super profit is rupees ninety thousand and capitalization rate is twelve percent what is goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees seven lakh twenty thousand and normal rate of return is eighteen percent what is the capitalized value?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyProfits are (₹360000), (₹420000), (₹540000). Future expense will increase by (₹30000). Normal profit is (₹350000). What will be super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA and B share profits in (5:4). C is admitted and new ratio is (4:3:2). Goodwill is (₹360000). How much will B be credited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyWhich statement is most accurate while making internal adjustment of goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyThe average profit is ₹3,90,000, the normal rate of return is 13%, and the actual capital is ₹27,00,000. What is the value of goodwill under the capitalization of average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyThe current profit of ₹4,50,000 includes an abnormal profit of ₹70,000. In the future, an expense saving of ₹30,000 will arise, while a new cost will increase expenses by ₹10,000. What will be the adjusted future profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyOn admission of a new partner one old partner is also gaining. In internal adjustment of goodwill on which side will that gaining old partner appear?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyGoodwill is (₹420000). A and B's old ratio is (5:2) and new ratio is (4:3). Who will be credited and by how much?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyRetiring partner's goodwill share is (₹200000). Continuing partners' gaining ratio is (1:3). How much will the first continuing partner be debited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA, B and C share profits in the ratio 3:4:3. After B retires, A and C will share profits in the ratio 2:3. What will be the gaining ratio of A and C?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyGoodwill is (₹810000). New partner takes (1/9) share and sacrificing ratio is (4:5). How much will the first old partner be credited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyNew partner brings capital (₹200000) equal to his (1/5) share. Adjusted capital of old partners is (₹840000). What is the conclusion about hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA and B share profits in the ratio 9:6. They change their profit-sharing ratio to 4:3. If the goodwill of the firm is ₹3,50,000, what amount will be debited to the gaining partner, B?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA and B share profits in the ratio 9:6. Their new profit-sharing ratio is 4:3. Who gains from this change?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyProfits are (₹180000), (₹240000), (₹300000). First year had abnormal loss (₹20000) and third year had non recurring income (₹50000). What is adjusted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert