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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।

AccountancyIn case of death of a partner to which account is his share of goodwill credited?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyOn which side is the retiring partner's share of goodwill recorded in continuing partners' capital accounts?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyAt retirement the continuing partners' old ratio was four ratio three and they took the retiring partner's share equally. What will be the gaining ratio?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf inferred total capital is rupees twelve lakh and actual total capital is rupees fourteen lakh what is the correct conclusion about hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIn hidden goodwill new partner's capital is rupees two lakh and his share is one fifth. Old partners' total capital is rupees seven lakh. What is hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf goodwill premium is credited to old partners in old ratio instead of sacrificing ratio what error occurs?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf a new partner brings only half of his goodwill premium in cash what is the usual accounting treatment of the remaining half?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf total goodwill is rupees seven lakh twenty thousand and the new partner's share is three tenths what will be his goodwill premium?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyA and B share profits in the old ratio of 7:3, while their new ratio is 3:2. Which partner is sacrificing due to this change?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyA and B share profits in three ratio one. C takes one fifth share entirely from B. What will be the sacrificing ratio?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyHow will an expense that will stop in future be treated in goodwill valuation?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf the firm suffered an abnormal loss due to machine accident last year what should be done while calculating average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf capitalized value is rupees forty two lakh and actual capital employed is rupees twenty nine lakh what is goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees six lakh and normal rate of return is fifteen percent under capitalization of average profit method what will be the capitalized value?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf average profit is rupees four lakh fifty thousand and normal profit is rupees two lakh seventy thousand and years purchase are two and a half then what is goodwill by super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyProfits are (₹240000), (₹280000), (₹360000). Future expense will increase by (₹20000) per year. Normal profit is (₹230000). What will be super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA and B share profits in (3:2). C is admitted for (1/4) share. New ratio is (2:1:1) and goodwill is (₹400000). How much will B be credited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyA and B share profits in the ratio 3:2. C is admitted as a partner for a 1/4 share of profits. The new profit-sharing ratio is 2:1:1. What is the sacrificing ratio of A and B?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyWhich principle is most correct while making internal adjustment of goodwill in partnership?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyThe average profit is ₹2,70,000, the normal rate of return is 15%, and the actual capital is ₹15,00,000. What is the firm’s goodwill under the capitalization of average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert