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Class 12 · Accountancy · Hard
→Under the memorandum method, goodwill of ₹1,20,000 is written off between A and B in the new ratio 5:3. How much will be debited to B’s account?
Class 12 · Accountancy · Expert
→Under memorandum method who are credited when goodwill is raised?
Class 12 · Accountancy · Expert
→The retiring partner goodwill share is ₹50000 and gaining ratio is 3:2. What is the correct direct method entry?
Class 12 · Accountancy · Expert
→Old goodwill in books is ₹96000 and ratio is 5:3:4. New goodwill is ₹180000 and C retires. What is the net effect in C account?
Class 12 · Accountancy · Expert
→Old goodwill in books is ₹77000 and ratio is 2:3:2. New goodwill is ₹140000 and B retires. What is the net goodwill effect on B?
Class 12 · Accountancy · Expert
→On retirement of a partner, if goodwill is not already recorded in the firm's books, from whose capital accounts is the retiring partner’s share of goodwill generally adjusted?
Class 12 · Accountancy · Expert
→Goodwill appearing in the books is ₹1,54,000, and the partners’ old ratio is 3:4:4. When the goodwill is written off from the books, how much will be debited to B’s account?
Class 12 · Accountancy · Expert
→A B and C share profits in 5:1:4. C retires and A B new ratio is 3:2. Goodwill is ₹200000. What is B goodwill burden?
Class 12 · Accountancy · Expert
→A B and C share profits in 3:4:3. C retires and A B new ratio is 5:2. Goodwill is ₹140000. What is compensation for B sacrifice?
Class 12 · Accountancy · Expert
→Goodwill is ₹175000 and the retiring partner share is ( \frac{2}{7} ). Gaining ratio is 3:2. What is the burden on the first partner?
Class 12 · Accountancy · Expert
→Goodwill is ₹240000 and the retiring partner share is ( \frac{3}{16} ). Gaining ratio is 4:5. What is the burden on the second partner?
Class 12 · Accountancy · Expert
→The retiring partner share is ( \frac{5}{16} ) and his goodwill share is ₹62500. What is total goodwill?
Class 12 · Accountancy · Expert
→A, B and C share profits in the ratio 2:7:3. B retires, and the goodwill of the firm is valued at ₹1,68,000. What will be B’s share of goodwill?
Class 12 · Accountancy · Expert
→A, B and C share profits in the ratio 7:3:5. A dies, and the goodwill of the firm is valued at ₹225000. How much should be credited to A’s executor as A’s share of goodwill?
Class 12 · Accountancy · Expert
→When new ratio is not given what is the safest exam assumption about gaining ratio of continuing partners?
Class 12 · Accountancy · Expert
→Old ratio is 4:5:1. C retires and A B new ratio is 7:3. Who sacrificed?
Class 12 · Accountancy · Expert
→Old ratio is 1:6:3. B retires and A C new ratio is 2:3. What is the gaining ratio?
Class 12 · Accountancy · Expert
→Old ratio is 5:2:3. C retires and A B new ratio is 3:2. What is the gaining ratio?
Class 12 · Accountancy · Expert
→Old ratio is 3:4:5. B retires and A C new ratio is 1:2. What is the gaining ratio?
Class 12 · Accountancy · Expert
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