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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।

AccountancyC brings capital (₹300000) for (1/6) share. Adjusted capital of old partners is (₹1450000). What is hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyFirm's goodwill is (₹560000). C's new share is (2/8) and old partners' sacrificing ratio is (11:3). How much will A be credited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA and B share profits in (4:3). C is admitted and new ratio is (3:3:2). Goodwill is (₹560000). What is B's net effect?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA and B share profits in (4:3). C is admitted for (1/5) share and new ratio is (3:3:2). Who sacrifices?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyPurchase price of a business is (₹2200000). Total assets are (₹2800000), outside liabilities are (₹850000), and preliminary expenses to be written off are (₹50000). What is purchased goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancySuper profit is (₹50000) and annuity factor for (5) years is (3.79). What is goodwill by annuity method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyThe super profit is ₹84,000 and the normal rate of return is 21%. What is the value of the firm’s goodwill using the capitalisation of super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyCapital employed is (₹2400000), average profit is (₹348000), and normal rate is (12%). What is goodwill at (4) years purchase of super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyThe average profit is ₹2,52,000, the normal rate of return is 14%, and the actual capital employed is ₹15,00,000. What is the value of goodwill by the capitalization of average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyProfits are ₹150000, ₹210000, ₹270000 and ₹330000, and the weights are 1:2:3:5. What is weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyProfits are (₹240000), (₹280000), (₹320000). Second year had abnormal loss (₹30000) and third year had abnormal profit (₹20000). Future annual expense will increase by (₹24000). What is future maintainable profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyIf goodwill is to be adjusted through current accounts and A is the gaining partner what will happen to A's current account?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf an exam question clearly gives a method for goodwill what should the student do?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhich statement shows the correct understanding of goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyIf the firm's brand name is registered and famous in the market how can it affect goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIn which situation would it be more prudent to value goodwill lower?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees two lakh twenty thousand and future insurance expense will decrease by rupees twenty thousand what is adjusted profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees seven lakh and it includes rent income of rupees fifty thousand that will stop in future what is adjusted profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf a non trading asset is included in capital while calculating normal profit what may happen to super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf income from non trading investment is included in goodwill valuation what error occurs?Class 12Partnership Accounts - Basic ConceptsGoodwillHard