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Class 12 · Accountancy · Easy
→If a new partner brings only capital but not goodwill amount separately how can old partners be given goodwill?
Class 12 · Accountancy · Easy
→What is the main purpose of adjusting past profits in goodwill valuation?
Class 12 · Accountancy · Easy
→If a firm's average profit is consistently higher than its normal profit, what does this indicate?
Class 12 · Accountancy · Easy
→What should be checked first while solving a goodwill question?
Class 12 · Accountancy · Easy
→If a new partner brings ₹36,000 as goodwill and the sacrificing ratio of the old partners is 2:1, how much of the goodwill will the second old partner receive?
Class 12 · Accountancy · Easy
→If capitalized value is more than actual capital what is the difference called?
Class 12 · Accountancy · Easy
→How can a good business location affect its goodwill?
Class 12 · Accountancy · Easy
→Due to which reason can the goodwill of a business decrease?
Class 12 · Accountancy · Easy
→In the context of a partnership firm, which statement about goodwill is correct?
Class 12 · Accountancy · Easy
→While determining maintainable profit for goodwill valuation, how is regular additional income expected in the future treated?
Class 12 · Accountancy · Easy
→How is an expense not expected in future treated in goodwill valuation?
Class 12 · Accountancy · Easy
→Profits are ₹28000 ₹32000 and ₹25000. First year includes abnormal loss of ₹4000. What will be the correct average profit?
Class 12 · Accountancy · Easy
→Profits are ₹45000 ₹55000 and ₹70000. Third year includes abnormal profit of ₹10000. What will be the correct average profit?
Class 12 · Accountancy · Easy
→While calculating average or maintainable profit for the valuation of goodwill, how is abnormal loss treated?
Class 12 · Accountancy · Easy
→While calculating average profit for the valuation of goodwill, how is abnormal profit treated?
Class 12 · Accountancy · Easy
→If a new partner cannot bring goodwill in cash how can adjustment be made?
Class 12 · Accountancy · Easy
→Before admission existing goodwill appearing in books is written off in which ratio?
Class 12 · Accountancy · Easy
→The deceased partner's share of goodwill is credited to which account?
Class 12 · Accountancy · Easy
→B and C have a gaining ratio of 3:2. The retiring partner’s goodwill is valued at ₹75,000. What will be B’s share of this amount?
Class 12 · Accountancy · Easy
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