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Class 12 · Accountancy
→The total value of goodwill is ₹2,70,000, and the deceased partner’s share in goodwill is \(\frac{2}{9}\). What amount will be credited to the deceased partner’s executor as his share of goodwill?
Class 12 · Accountancy
→The goodwill share of a deceased partner is considered with reference to which date?
Class 12 · Accountancy
→On a partner’s death, how are goodwill and the deceased partner’s share of profit up to the date of death generally recorded in the partner’s capital or current account?
Class 12 · Accountancy
→Why is goodwill share added in final settlement of a deceased partner?
Class 12 · Accountancy
→If the final amount due equals adjusted capital what conclusion is drawn about hidden goodwill?
Class 12 · Accountancy
→The retiring partner adjusted capital is ₹300000 and amount payable is ₹360000. His share is ( \frac{1}{4} ). What is hidden goodwill?
Class 12 · Accountancy
→The retiring partner adjusted capital is ₹210000 and final amount due is ₹255000. His share is ( \frac{3}{10} ). What is hidden goodwill?
Class 12 · Accountancy
→Super profit is ₹20000 and annuity factor for 3 years is 2.48685. What is goodwill approximately by annuity method?
Class 12 · Accountancy
→Average profit is ₹160000 normal return is 16 percent and capital employed is ₹800000. What is goodwill by capitalization method?
Class 12 · Accountancy
→The average profit is ₹1,50,000, the capital employed is ₹10,00,000, and the normal rate of return is 12%. What will be the value of goodwill at three years’ purchase of super profit?
Class 12 · Accountancy
→Profits are ₹60000 ₹70000 and ₹50000. The second year includes abnormal gain of ₹15000. What is goodwill at 2 years purchase of adjusted average profit?
Class 12 · Accountancy
→Profits are ₹30000 ₹45000 and ₹60000 with weights 1:2:3. What is goodwill at 2 years purchase of weighted average profit?
Class 12 · Accountancy
→When one continuing partner sacrifices and another gains who mainly bears the goodwill adjustment burden?
Class 12 · Accountancy
→A B and C share profits in 4:4:2. C retires and A B new ratio is 7:3. Goodwill is ₹150000. What is A total goodwill burden?
Class 12 · Accountancy
→A B and C share profits in 5:3:2. C retires and A B new ratio is 4:1. Total goodwill is ₹100000. What is compensation for B sacrifice?
Class 12 · Accountancy
→Which is the correct entry for writing off old goodwill?
Class 12 · Accountancy
→Goodwill appearing in the books is ₹88,000, and the partners’ old profit-sharing ratio is 5:4:2. On writing off the existing goodwill, how much will be debited to Partner C’s account?
Class 12 · Accountancy
→Goodwill recorded in the books is ₹1,26,000, and the partners’ old ratio is 4:2:3. What amount will be debited to Partner B’s account when the old goodwill is written off?
Class 12 · Accountancy
→Goodwill is ₹135000 and the retiring partner share is ( \frac{4}{15} ). Gaining ratio is 2:1. What is the burden on the first partner?
Class 12 · Accountancy
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