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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।

AccountancyGoodwill account is raised at (₹240000). Old ratio is (3:1) and new ratio is (1:1). What is B's net effect after writing off goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyA and B's old ratio is (6:5) and new ratio is (3:2). Goodwill is (₹330000). How much will the sacrificing partner be credited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyA and B's old profit-sharing ratio is 5:4 and their new profit-sharing ratio is 2:1. Due to the change in ratio, which partner gains and by how much?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyOn death of a partner goodwill is (₹720000). Deceased partner's share is (1/6). Continuing partners gain in (5:1). How much will the first continuing partner be debited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyA, B and C share profits in the ratio 4:4:2. C dies, and the firm's goodwill is valued at ₹5,00,000. What amount will be credited to C's Executor's Account for goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyGoodwill is (₹600000). Retiring partner's share is (1/4) and continuing partners gain in (2:3). How much will the second continuing partner be debited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyA, B and C share profits in the ratio 3:2:1. B retires, and A and C adopt a new profit-sharing ratio of 4:1. The firm’s goodwill is valued at ₹3,60,000. What amount will be credited to B’s Capital Account for goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyNew partner brings (₹120000) goodwill in cash. Old partners' sacrificing ratio is (5:4:3). How much will the second old partner be credited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyFirm's goodwill is (₹420000). New partner takes (1/7) share and brings only (₹35000) in cash. How much balance will be debited to the new partner's account?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyC brings capital (₹180000) for (1/4) share. A and B's adjusted capitals are (₹300000) and (₹250000). What is hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyC brings capital (₹250000) for (1/5) share. Adjusted capital of old partners is (₹900000). What is hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyA and B's old ratio is (7:5). C is admitted for (1/6) share which B alone sacrifices. What will be the new ratio?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyA and B share profits in (5:3). C is admitted for (1/4) share and A sacrifices (1/8), B sacrifices (1/8). C's share of goodwill is (₹80000). How much will B be credited?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyPurchase price of a business is (₹1850000). Assets are (₹2400000), outside liabilities are (₹700000), and accumulated loss is (₹50000). What is purchased goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyCapital employed is (₹2200000), average profit is (₹330000), and normal rate of return is (11%). What is goodwill at (3) years purchase of super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyThe super profit is ₹72,000 and the normal rate of return is 16%. What is the value of goodwill under the capitalisation of super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyThe average profit is ₹2,16,000, the normal rate of return is 12%, and the actual capital employed is ₹15,00,000. What is the goodwill of the firm by the capitalization of average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyProfits are ₹1,20,000, ₹1,50,000, ₹2,10,000 and ₹2,60,000, with weights 1:2:3:4. What is the weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyProfits are (₹210000), (₹240000), (₹310000). First year had abnormal profit (₹30000) and second year had abnormal loss (₹20000). Future managerial salary of (₹15000) per year will be paid. What is future maintainable profit?Class 12Partnership Accounts - Basic ConceptsGoodwillExpertAccountancyOn admission goodwill is (₹480000). New partner takes (1/6) share. He brings (₹50000) cash and balance is adjusted through capital account. What total amount will be credited to old partners?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert

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