Search questions
Choose which content to search, then combine terms with AND or OR.
Class 12 · Accountancy · Easy
→The new partner’s required goodwill is ₹96,000, but he brings ₹85,000. What is the deficiency?
Class 12 · Accountancy · Medium
→C brought ₹64,000 as goodwill in cash. The old partners retained 37.5% of it in the business and withdrew the balance. What will be the withdrawal?
Class 12 · Accountancy · Hard
→A and B share profits in the ratio 11:7. C takes a 1/6 share, taking 1/9 from A and the balance from B. What is the sacrificing ratio?
Class 12 · Accountancy · Medium
→The new partner privately paid goodwill to the old partners, but the firm recorded it. What is the correct correction of this mistake?
Class 12 · Accountancy · Hard
→Under the capitalization method, average profit is ₹2,80,000, normal return is 14%, and actual capital is ₹16,50,000. What will be goodwill?
Class 12 · Accountancy · Hard
→C’s required goodwill is ₹70,000. He brings ₹42,000 in cash. The sacrificing ratio of A and B is 4:3. How much credit will A get for unbrought goodwill?
Class 12 · Accountancy · Hard
→A and B share profits in the ratio 4:3. After C’s admission, the new ratio is 7:5:2. What will be the sacrificing ratio?
Class 12 · Accountancy · Expert
→C is admitted to the firm for a (2/11) share. The total goodwill of the firm is ₹2,75,000, and C brings ₹42,000 towards goodwill. What is the deficiency in the goodwill premium?
Class 12 · Accountancy · Medium
→Total goodwill is ₹3,60,000 and C is admitted for a 1/9 share. If C brings ₹50,000 as goodwill, what is the position?
Class 12 · Accountancy · Medium
→If normal profit is ₹95,000 and average profit is ₹95,000, what will be goodwill under the super profit method?
Class 12 · Accountancy · Medium
→C brings ₹48,000 as goodwill in cash. The old partners retain 25% of it in the business and withdraw the balance. What will be the amount withdrawn?
Class 12 · Accountancy · Medium
→In which situation will an old partner get no share in the incoming partner’s goodwill?
Class 12 · Accountancy · Hard
→Under the weighted average profit method, profits are ₹70,000, ₹90,000 and ₹130,000 with weights 1:2:4. What is the weighted average profit?
Class 12 · Accountancy · Medium
→Profits for four years are ₹95,000, ₹105,000, ₹125,000 and ₹115,000. The third year included an abnormal profit of ₹25,000. What is the correct average profit?
Class 12 · Accountancy · Hard
→A and B share profits in the ratio 8:7. C is admitted for a 1/5 share, sacrificed by A and B in their old ratio. Total goodwill is ₹150,000. How much compensation will B receive?
Class 12 · Accountancy · Medium
→If the incoming partner privately pays goodwill to the old partners and the amount is not recorded in the firm’s books, what is the effect on the final balance sheet?
Class 12 · Accountancy · Expert
→On the admission of a new partner, in which ratio is the goodwill premium brought in cash credited to the old partners’ capital accounts?
Class 12 · Accountancy · Hard
→Under the capitalization method, average profit is ₹225,000, the normal rate of return is 15%, and actual capital is ₹1,320,000. What will be the value of goodwill?
Class 12 · Accountancy · Hard
→A and B share profits in the ratio 7:5. C is admitted for a 1/8 share, and the new ratio is 4:3:1. What is the sacrificing ratio of A and B?
Class 12 · Accountancy · Medium
→