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Class 12 · Accountancy · Hard
→A and B share in the old ratio 5:4. C takes a one-third share from A and B in the old ratio. What is the new ratio?
Class 12 · Accountancy · Hard
→Profits of the last three years are ₹240000, ₹300000 and ₹420000, with weights 1, 2 and 3. What is weighted average profit?
Class 12 · Accountancy · Hard
→If rent expense will increase by ₹30,000 per year in future, what will be the effect on average profit for goodwill?
Class 12 · Accountancy · Hard
→A and B share profits in 5:4. C is admitted and the new ratio is 4:3:2. What is the sacrificing ratio?
Class 12 · Accountancy · Hard
→Average profit is ₹420000. Future expense will increase by ₹60000 and new income will be ₹35000. Normal profit is ₹310000. What is super profit?
Class 12 · Accountancy · Hard
→Old goodwill of ₹270000 appears in the books. A, B and C share profits in 5:3:1. How much will B be debited when it is written off before admission?
Class 12 · Accountancy · Hard
→A and B’s old ratio is 4:3. After admission of C, the new ratio is 3:3:2. What is the sacrificing ratio?
Class 12 · Accountancy · Hard
→Profits are ₹150000, ₹210000, ₹270000 and ₹330000, and the weights are 1:2:3:5. What is weighted average profit?
Class 12 · Accountancy · Medium
→Which statement shows the correct understanding of goodwill?
Class 12 · Accountancy · Hard
→If a non trading asset is included in capital while calculating normal profit what may happen to super profit?
Class 12 · Accountancy · Hard
→When a new partner brings goodwill in cash on admission, among which partners is this amount generally distributed?
Class 12 · Accountancy · Medium
→If a firm has a long term profitable government contract what effect may it have on goodwill?
Class 12 · Accountancy · Medium
→If normal rate of return falls while average profit and capital employed remain same what happens to normal profit?
Class 12 · Accountancy · Medium
→If average profit is rupees eight lakh and capital is rupees fifty lakh what is the actual rate of return?
Class 12 · Accountancy · Hard
→Average profit is (₹320000). Future additional expense (₹40000) and additional income (₹25000) will arise. Normal profit is (₹250000). What is super profit?
Class 12 · Accountancy · Medium
→If a new partner brings goodwill in cash and an old partner immediately withdraws his share, what sequence appears in the old partner's capital account?
Class 12 · Accountancy · Hard
→A, B and C share profits in (5:3:2). C retires. A and B will share future profits in (7:5). What is the gaining ratio?
Class 12 · Accountancy · Medium
→Old goodwill of (₹180000) appears in books. A, B and C share profits in (4:3:2). How much will C be debited on writing it off before admission?
Class 12 · Accountancy · Medium
→Profits 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 12 · Accountancy · Hard
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