Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy · Medium
→Why are outside liabilities deducted from total assets to calculate capital employed?
Class 12 · Accountancy · Medium
→What is the usual effect of poor customer service on a business’s goodwill?
Class 12 · Accountancy · Medium
→How does a firm's well known brand identity affect goodwill?
Class 12 · Accountancy · Medium
→If average profit is (₹60000) and normal profit is (₹76000), what will be the super profit?
Class 12 · Accountancy · Medium
→Which method needs capital employed and normal rate to calculate normal profit?
Class 12 · Accountancy · Medium
→Old ratio is (2:1), new ratio is (1:2), and goodwill is (₹90000). What is A's net effect when goodwill is raised and written off?
Class 12 · Accountancy · Medium
→When goodwill account is raised and written off in new ratio what will be the final balance of goodwill account?
Class 12 · Accountancy · Medium
→When goodwill account is raised on what basis are partners credited?
Class 12 · Accountancy · Medium
→A and B's old ratio is (4:1) and new ratio is (3:2). Goodwill is (₹200000). How much will be debited to B?
Class 12 · Accountancy · Medium
→A and B’s old profit-sharing ratio is 3:2 and their new profit-sharing ratio is 4:3. What is B’s gain?
Class 12 · Accountancy · Medium
→A and B's old ratio is (5:3) and new ratio is (1:1). Who sacrifices?
Class 12 · Accountancy · Medium
→On change in profit sharing ratio what is done to gaining partners in goodwill adjustment?
Class 12 · Accountancy · Medium
→Goodwill is (₹450000) and deceased partner's old share is (1/10). How much will be credited to executor account?
Class 12 · Accountancy · Medium
→To which account is a deceased partner's share of goodwill credited?
Class 12 · Accountancy · Medium
→Goodwill is (₹180000) and retiring partner's share is (1/3). Continuing partners gain in (3:2). How much will the second continuing partner be debited?
Class 12 · Accountancy · Medium
→Why are continuing partners debited for goodwill on retirement?
Class 12 · Accountancy · Medium
→A, B and C share profits in the ratio 4:3:2. C retires, and the firm’s goodwill is valued at ₹2,70,000. What is C’s share of goodwill?
Class 12 · Accountancy · Medium
→A new partner brings goodwill in cash and old partners withdraw the full amount. What is the final effect on old partners' capital accounts?
Class 12 · Accountancy · Medium
→On admission the new partner privately paid goodwill premium to old partners. What entry will be made in firm's books?
Class 12 · Accountancy · Medium
→