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Retirement Of Partner

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyWhich statement is correct regarding the settlement of goodwill when a partner retires?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyIf the firm's total goodwill is ₹50,000 and the retiring partner's share in goodwill is 1/10, how much will the partner receive for goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyWhich fact must be considered while determining the retiring partner’s goodwill adjustment?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyA retiring partner’s share of goodwill is valued at ₹24,000. If B and C share the gain in the ratio of 1:2, what amount will be debited to B’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyA, B and C are partners sharing profits in the ratio 3:2:1. When C retires, A and B continue the business in the profit-sharing ratio 3:2. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyIf the old profit-sharing ratio of A, B and C is \(2:2:1\) and C retires, what fraction of the firm's goodwill is due to C?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyWhat type of adjustment is goodwill settlement on retirement?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyWhen a partner retires, what is the adjustment made for goodwill in his favour regarded as compensation for?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyOn what basis is goodwill valued under the super profit method?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyIf the firm's total goodwill is ₹1,20,000 and the retiring partner's share is 1/4, what amount will be credited to the partner's capital account for goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyWhen the retiring partner’s share of goodwill is settled through adjustment in the capital accounts, what effect does it have on the remaining partners’ capital?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyThe goodwill recorded in the books is ₹30,000, and the old partners A and B share profits in the ratio of 2:1. When the goodwill is written off from the books, what amount will be debited to A’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyWhy is the existing goodwill account usually written off when a partner retires?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyThe firm's total goodwill is ₹60,000 and the retiring partner's old share is 1/3. What is the value of that partner's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyA, B and C share profits in the ratio 6:2:2. After A's retirement, the new profit-sharing ratio of B and C is fixed at 5:5. Which statement correctly describes the change?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpertAccountancyA, B and C share profits in the ratio 2:5:3. After A retires, B and C agree to share profits in the new ratio 6:4. What will be the gaining ratio of B and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpertAccountancyA, B and C share profits in the ratio 2:2:6. C retires, and the new profit-sharing ratio of A and B becomes 1:1. What will be the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpertAccountancyA, B and C share profits in the ratio 3:2:5. C retires, and the new profit-sharing ratio of A and B becomes 6:4. What is the correct gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpertAccountancyA, B, C and D share profits in the ratio 2:4:3:1. B retires, and A, C and D acquire his share in the ratio 1:2:1. What will be the new profit-sharing ratio of A, C and D?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpertAccountancyA, B and C are partners sharing profits in the ratio 5:4:1. After C retires, the new profit-sharing ratio of A and B is 8:2. What is A’s gain?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert

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