Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy
→What is the reason for crediting executor account for deceased partner goodwill share?
Class 12 · Accountancy
→How should goodwill and profit up to date of death be read in a deceased partner account?
Class 12 · Accountancy
→If final amount due and adjusted capital are exactly equal what is the correct conclusion about hidden goodwill?
Class 12 · Accountancy
→The retiring partner adjusted capital is ₹240000 and amount due is ₹294000. His share is ( \frac{3}{10} ). What is hidden goodwill?
Class 12 · Accountancy
→A retiring partner is due ₹66000 more than adjusted capital. His share is ( \frac{11}{30} ). What is hidden goodwill?
Class 12 · Accountancy
→Super profit is ₹55000 and annuity factor is 3.60478. What is goodwill approximately by annuity method?
Class 12 · Accountancy
→Average profit is ₹330000 normal return is 15 percent and capital employed is ₹1800000. What is goodwill by capitalization method?
Class 12 · Accountancy
→The average profit is ₹2,15,000. The capital employed is ₹16,00,000 and the normal rate of return is 11%. What is the value of goodwill based on four years’ purchase of super profit?
Class 12 · Accountancy
→Profits are ₹140000 ₹160000 and ₹100000. The third year includes abnormal gain of ₹25000. What is goodwill at 2 years purchase of adjusted average profit?
Class 12 · Accountancy
→Profits are ₹90000 ₹70000 and ₹110000. The second year includes abnormal loss of ₹20000. What is goodwill at 3 years purchase of adjusted average profit?
Class 12 · Accountancy
→Profits are ₹60000 ₹90000 and ₹120000 with weights 1:2:3. What is goodwill at 3 years purchase of weighted average profit?
Class 12 · Accountancy
→Under memorandum method goodwill ₹240000 is written off between A and B in new ratio 5:7. How much will be debited to B account?
Class 12 · Accountancy
→Under the memorandum method, goodwill of ₹1,80,000 is recorded in the books. If the old profit-sharing ratio is 3:2:4, how much will be credited to partner C’s capital account?
Class 12 · Accountancy
→The retiring partner goodwill share is ₹99000 and gaining ratio is 4:7. Under direct method how much will the first gaining partner be debited?
Class 12 · Accountancy
→Old goodwill in books is ₹132000 and ratio is 4:3:4. New goodwill is ₹220000 and C retires. What is the net effect in C account?
Class 12 · Accountancy
→Old goodwill in books is ₹108000 and ratio is 5:2:2. New goodwill is ₹270000 and B retires. What is the net goodwill effect on B?
Class 12 · Accountancy
→Goodwill appearing in the books is ₹1,62,000, and the partners’ old profit-sharing ratio is 7:4:7. On writing off the old goodwill, how much will be debited to partner C’s account?
Class 12 · Accountancy
→Goodwill recorded in the books is ₹1,87,000, and the partners’ old profit-sharing ratio is 4:5:2. On writing off the old goodwill, what amount will be debited to Partner B’s account?
Class 12 · Accountancy
→A B and C share profits in 5:6:4. C retires and A B new ratio is 7:3. Goodwill is ₹225000. What is A total goodwill burden?
Class 12 · Accountancy
→