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Class 12 · Accountancy · Hard
→If a firm possesses special technical know-how that enables it to earn more than normal profits, the know-how can become a basis for creating which asset?
Class 12 · Accountancy · Hard
→If a firm's goodwill is based only on temporary fashion demand, what care is needed in its valuation?
Class 12 · Accountancy · Hard
→On what basis is the deceased partner's share of goodwill calculated?
Class 12 · Accountancy · Hard
→If continuing partners' new ratio is four to five but their gain is equal in what ratio will goodwill burden be borne?
Class 12 · Accountancy · Hard
→On retirement continuing partners take the retiring partner's share in three to two ratio. In which ratio will goodwill burden be borne?
Class 12 · Accountancy · Hard
→On retirement if total goodwill is rupees six lakh and the retiring partner's share is one fifth how much will he receive for goodwill?
Class 12 · Accountancy · Hard
→If goodwill is raised and then written off in the new ratio which partner will effectively gain?
Class 12 · Accountancy · Hard
→If goodwill is raised in books in which ratio are partners' capital accounts credited when the question gives no special instruction?
Class 12 · Accountancy · Hard
→Why is the goodwill account credited when the existing goodwill is written off from the books?
Class 12 · Accountancy · Hard
→If existing goodwill in books is rupees two lakh ten thousand and old partners' ratio is four to three what will be the second partner's debit?
Class 12 · Accountancy · Hard
→In hidden goodwill if inferred firm value equals actual capital what will be the goodwill?
Class 12 · Accountancy · Hard
→If a new partner gets one fourth share and brings capital of rupees three lakh while actual total capital is rupees ten lakh what is hidden goodwill?
Class 12 · Accountancy · Hard
→If old partners withdraw the whole goodwill premium what will be the later entry in capital accounts?
Class 12 · Accountancy · Hard
→If old partners allow goodwill premium to remain in the firm what will be the effect on their capital accounts?
Class 12 · Accountancy · Hard
→A new partner brings goodwill premium of rupees one lakh fifty thousand and old partners' sacrificing ratio is two to one. What is the second old partner's share?
Class 12 · Accountancy · Hard
→If a new partner brings less premium than his share of total goodwill how is compensation to old partnership completed?
Class 12 · Accountancy · Hard
→If total goodwill is rupees eight lakh forty thousand and A sacrifices one fourteenth share how much compensation will A receive?
Class 12 · Accountancy · Hard
→If A’s profit-sharing share increases from (\frac{3}{5}) to (\frac{7}{10}), what will be A’s position in the goodwill adjustment?
Class 12 · Accountancy · Hard
→A and B share profits in the old ratio of 2:1 and the new ratio of 1:1. Which partner gains from this change?
Class 12 · Accountancy · Hard
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