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Class 12 · Accountancy

A, B and C share profits in the ratio 5:3:2. On C’s retirement, the new profit-sharing ratio of A and B becomes 7:3. The firm’s goodwill is ₹2,00,000. Who will bear C’s share of goodwill?

Class 12 · Accountancy

The retiring partner share is ( \frac{3}{8} ) and his goodwill share is ₹45000. What is total goodwill?

Class 12 · Accountancy

A, B and C share profits in the ratio 2:5:3. B dies, and the goodwill of the firm is valued at ₹1,80,000. How much will B’s executor receive for goodwill?

Class 12 · Accountancy

A, B and C share profits in the ratio 3:4:5. C retires, and the value of the firm's goodwill is ₹1,44,000. What is C's share of goodwill?

Class 12 · Accountancy

If new ratio is not given and continuing partners remain in their old mutual ratio what is the gaining ratio assumed?

Class 12 · Accountancy

Old ratio is 7:1:2. C retires and A B new ratio is 3:1. What is the gaining ratio?

Class 12 · Accountancy

Old ratio is 2:3:1. C retires and A B new ratio is 5:4. Who actually gained?

Class 12 · Accountancy

Old ratio is 3:5:2. B retires and A C new ratio is 2:3. What is the gaining ratio?

Class 12 · Accountancy

Old ratio is 6:2:1. C retires and A B new ratio is 4:1. Who has gained?

Class 12 · Accountancy

The old profit-sharing ratio of A, B and C is 4:3:2. C retires, and the new profit-sharing ratio of A and B is fixed at 5:4. What is the gaining ratio of A and B?

Class 12 · Accountancy

Old ratio is 5:3:2. C retires and A B new ratio is 7:3. What is the gaining ratio?

Class 12 · Accountancy

After calculating the retiring partner goodwill share in which ratio is it charged to continuing partners?

Class 12 · Accountancy

If one continuing partner share decreases what right may arise in goodwill adjustment?

Class 12 · Accountancy

What is the most precise accounting principle in goodwill adjustment on retirement?

Class 12 · Accountancy

Which matching is most important while checking goodwill adjustment on retirement?

Class 12 · Accountancy

If new goodwill claim is ₹ 42000 and debit amounts in gaining ratio are ₹ 18000 and ₹ 24000 then what is the gaining ratio?

Class 12 · Accountancy

If C’s share of goodwill is ₹1,50,000 and A and B bear this amount in the ratio 3:2, what amount will be debited to A’s Capital Account?

Class 12 · Accountancy

A, B and C share profits in the ratio 2:2:5. C retires, and the new profit-sharing ratio of A and B is 5:4. What will be the goodwill burden-sharing ratio (gaining ratio)?

Class 12 · Accountancy

A, B and C share profits in the ratio 2:2:5. When C retires, the new profit-sharing ratio of A and B becomes 5:4. What is B’s gain in share?

Class 12 · Accountancy

A B C share profits in 2:2:5. C retires and A B's new ratio is 5:4. What is A's gain?