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Class 12 · Accountancy · Expert
→Goodwill is (₹300000). In new ratio (4:5:3), C's share is (3/12) and sacrificing ratio is (4:11). How much will A be credited?
Class 12 · Accountancy · Expert
→A and B share profits in (2:3). C is admitted and new ratio is (4:5:3). Who sacrifices?
Class 12 · Accountancy · Expert
→Goodwill is (₹420000). New partner takes (1/7) share and does not bring goodwill in cash. Old partners' sacrificing ratio is (3:2). How much will the second old partner be credited?
Class 12 · Accountancy · Expert
→If goodwill already appears in books at (₹200000) and new value is (₹350000), what is the correct treatment of old goodwill account before admission?
Class 12 · Accountancy · Expert
→On death of a partner goodwill is (₹600000). Deceased partner's share is (2/15). Continuing partners gain in (7:3). How much will the first continuing partner be debited?
Class 12 · Accountancy · Expert
→Firm's goodwill is (₹250000). C is admitted for (1/5) share. A and B's sacrificing ratio is (4:1). How much will B be credited?
Class 12 · Accountancy · Expert
→A and B share profits in (4:1). C is admitted for (1/5) share. A and B each give (1/10) of their own shares to C. What is sacrificing ratio?
Class 12 · Accountancy · Expert
→Average profit is (₹90000), normal rate is (15%), and actual capital is (₹700000). What is the result under capitalization of average profit method?
Class 12 · Accountancy · Expert
→In which situation can capitalization of average profit method show goodwill as nil or negative?
Class 12 · Accountancy · Expert
→The average profit is ₹2,60,000, capital employed is ₹18,00,000, and the normal rate of return is 10%. What will be the value of goodwill at four years’ purchase of super profit?
Class 12 · Accountancy · Expert
→Profits are (₹200000), (₹250000), (₹300000). Second year includes non recurring income (₹50000) and third year has abnormal loss (₹30000). What is adjusted average profit?
Class 12 · Accountancy · Expert
→If goodwill is valued at (₹500000) and a new partner is admitted for (1/10) share, but he brings only (₹30000) in cash, what is the unpaid premium?
Class 12 · Accountancy · Expert
→A, B and C share profits in the ratio 3:2:1. B retires, and the new profit-sharing ratio of A and C is 4:1. The firm's goodwill is ₹3,60,000. Assuming goodwill is adjusted through the partners' capital accounts, what amount will be credited to B's Capital Account?
Class 12 · Accountancy · Expert
→A and B share profits in the ratio of 3:2. C is admitted as a partner for a 1/5 share, and the new profit-sharing ratio becomes 2:2:1. If the firm’s goodwill is ₹2,00,000 and C brings his share of goodwill in cash, how much will be credited to A’s Capital Account?
Class 12 · Accountancy · Expert
→A and B share profits in (3:2). C is admitted for (1/5) share and new ratio is (2:2:1). What is the sacrificing ratio?
Class 12 · Accountancy · Expert
→Goodwill is (₹270000). A and B's old ratio is (2:1) and new ratio is (1:2). In internal adjustment who will be credited and by how much?
Class 12 · Accountancy · Expert
→A new partner brings ₹1,00,000 in cash as goodwill premium. The old partners withdraw half of this amount. What will be the net increase in the firm’s bank balance after these transactions?
Class 12 · Accountancy · Expert
→If the new partner privately pays goodwill directly to old partners what is the correct treatment in firm's books?
Class 12 · Accountancy · Expert
→Total firm capital based on new partner's capital is (₹1200000). Adjusted capital of old partners is (₹820000) and new partner's capital is (₹250000). What is hidden goodwill?
Class 12 · Accountancy · Expert
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