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Class 12 · Accountancy
→While valuing goodwill, which item should be deducted from average profit if it will continue in the future?
Class 12 · Accountancy
→Old partners A and B share profits in the ratio 3:2, and the new ratio is 2:2:1. What is A’s sacrifice?
Class 12 · Accountancy
→Under the capitalization of super profit method, goodwill is obtained by capitalizing which amount?
Class 12 · Accountancy
→If capitalized average profit is ₹8,00,000 and actual capital employed is ₹6,50,000, what is goodwill?
Class 12 · Accountancy
→Under the capitalization method, if the normal rate of return increases while all other things remain the same, what happens to goodwill?
Class 12 · Accountancy
→Why are outside liabilities deducted from total assets to calculate capital employed?
Class 12 · Accountancy
→Old goodwill of ₹150,000 appears in the books. Old partners A and B share profits in the ratio 2:1. How much will B be debited when it is written off?
Class 12 · Accountancy
→A new partner brings ₹72,000 as goodwill in cash. The old partners’ sacrificing ratio is 7:5. How much will the first old partner receive?
Class 12 · Accountancy
→Goodwill is ₹240,000. A new partner is admitted for a 1/8 share. What will be his goodwill premium?
Class 12 · Accountancy
→Profits are ₹110000, ₹90000 and ₹130000. The first year included abnormal profit of ₹20000. What is the correct average profit?
Class 12 · Accountancy
→Capital employed is ₹750000 and normal rate of return is 12%. What is normal profit?
Class 12 · Accountancy
→Profits are ₹60000, ₹80000 and ₹90000, and weights are 1:2:4. What is the approximate weighted average profit?
Class 12 · Accountancy
→The profits for three years are ₹65,000, ₹75,000 and ₹1,00,000, respectively. What is the average profit?
Class 12 · Accountancy
→What is the main purpose of adjusting past profits in goodwill valuation?
Class 12 · Accountancy
→What should be checked first while solving a goodwill question?
Class 12 · Accountancy
→How is an expense not expected in future treated in goodwill valuation?
Class 12 · Accountancy
→What is the correct formula of gaining ratio?
Class 12 · Accountancy
→Assets are ₹750000 and outside liabilities are ₹180000. What will be the actual capital?
Class 12 · Accountancy
→Average profit is ₹110000 and normal profit is ₹85000. What will be the super profit?
Class 12 · Accountancy
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