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Class 12 · Accountancy · Medium
→C brings in ₹1,50,000 as capital for a one-fourth share. On this basis, the total capital of the firm is ₹6,00,000, while the actual adjusted capital is ₹5,20,000. What is the amount of hidden goodwill?
Class 12 · Accountancy · Medium
→If the new partner brings only half of the goodwill in cash what is the usual treatment of the remaining part?
Class 12 · Accountancy · Medium
→A and B share profits in (5:4). C is admitted for (1/6) share which A and B sacrifice in old ratio. What is the sacrificing ratio?
Class 12 · Accountancy · Medium
→How is a one time loss due to an old strike treated in goodwill valuation?
Class 12 · Accountancy · Medium
→The firm is expected to save ₹18,000 on insurance expenses every year in the future. What will be the effect on adjusted profit for goodwill valuation?
Class 12 · Accountancy · Medium
→Additional advertisement expense of (₹25000) will be incurred every year in future. What will be its effect on average profit for goodwill valuation?
Class 12 · Accountancy · Medium
→A firm's profits for the last three years were ₹70,000, ₹88,000 and ₹92,000, respectively. The third year's profit includes an abnormal loss of ₹12,000. What adjusted profit should be considered for calculating goodwill?
Class 12 · Accountancy · Medium
→Profits are ₹110000, ₹90000 and ₹130000. The first year included abnormal profit of ₹20000. What is the correct average profit?
Class 12 · Accountancy · Medium
→If average profit is more than normal profit what does it indicate?
Class 12 · Accountancy · Medium
→The average profit of a firm is ₹1,80,000, its normal rate of return is 12%, and its actual capital employed is ₹12,80,000. What is the goodwill of the firm by the capitalisation of average profit method?
Class 12 · Accountancy · Medium
→The super profit is ₹50,000 and the normal rate of return is 20%. What is the value of goodwill under the capitalization of super profit method?
Class 12 · Accountancy · Medium
→Super profit is (₹45000) and goodwill is valued at (2) years purchase. What is goodwill?
Class 12 · Accountancy · Medium
→Capital employed is ₹750000 and normal rate of return is 12%. What is normal profit?
Class 12 · Accountancy · Medium
→If the average profit is ₹1,40,000 and the normal profit is ₹1,05,000, what will be the super profit?
Class 12 · Accountancy · Medium
→Profits are ₹60000, ₹80000 and ₹90000, and weights are 1:2:4. What is the approximate weighted average profit?
Class 12 · Accountancy · Medium
→The average profit is ₹92,000, and goodwill is valued at 3 years’ purchase. What is the value of goodwill?
Class 12 · Accountancy · Medium
→The profits for three years are ₹65,000, ₹75,000 and ₹1,00,000, respectively. What is the average profit?
Class 12 · Accountancy · Medium
→What is the main difference between self generated goodwill and purchased goodwill?
Class 12 · Accountancy · Medium
→Why can goodwill give a business more value than a normal firm?
Class 12 · Accountancy · Medium
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