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Class 12 · Accountancy
→At the time of retirement, if the continuing partners’ capital accounts should have been debited by a total of ₹1,08,000 but were debited by only ₹1,00,000, what error has occurred?
Class 12 · Accountancy
→The amount payable to the retiring partner for goodwill is ₹1,20,000. The continuing partners’ gaining ratio is 2:3:5. What share of this amount will be borne by the third partner?
Class 12 · Accountancy
→Super profit is ₹75,000, and goodwill is valued at three years’ purchase. The deceased partner’s share is \(\frac{2}{15}\). What amount of goodwill is due to him?
Class 12 · Accountancy
→If goodwill account is raised at full value and later written off in new ratio then the final economic burden is checked by which ratio?
Class 12 · Accountancy
→In the method of raising goodwill account at full value firm's goodwill is ₹ 180000. Old partners share in 5:4:3. How much will be credited to the second partner when goodwill account is raised?
Class 12 · Accountancy
→If A's goodwill is ₹ 96000 and only C gains then what will be the effect on C's capital?
Class 12 · Accountancy
→A B C share profits in 4:5:3. A retires and B C's new ratio is 3:5. Who will bear the new goodwill burden?
Class 12 · Accountancy
→A, B and C share profits in the ratio 4:5:3. A retires, and the new profit-sharing ratio of B and C becomes 3:5. Which partner makes the sacrifice?
Class 12 · Accountancy
→On retirement old goodwill of ₹ 50000 is written off and the retiring partner's claim in new goodwill is ₹ 60000. Which statement is correct?
Class 12 · Accountancy
→The existing goodwill is ₹1,50,000, and the old profit-sharing ratio of the three partners is 2:3:5. When the existing goodwill is written off, by what amount will the second partner’s capital account be debited?
Class 12 · Accountancy
→When D retires from the partnership firm, D’s share of goodwill is valued at ₹84,000. B and C gain equally from D’s retirement. By how much will B’s Capital Account be debited to adjust D’s goodwill?
Class 12 · Accountancy
→A, B, C and D share profits in the ratio 5:3:2:2. After D retires, the new profit-sharing ratio of A, B and C becomes 4:3:2. What is the gaining ratio of B and C?
Class 12 · Accountancy
→A B C D share profits in 5:3:2:2. D retires and A B C's new ratio is 4:3:2. Who will bear the new goodwill burden?
Class 12 · Accountancy
→A, B, C and D share profits in the ratio 5:3:2:2. After D retires, the new profit-sharing ratio of A, B and C becomes 4:3:2. Which of the continuing partners has sacrificed a share?
Class 12 · Accountancy
→The average profit is ₹96,000, and goodwill is valued at two and a half years’ purchase. The retiring partner’s share in profits is 1/5. What amount of goodwill is due to him?
Class 12 · Accountancy
→If the deceased partner’s share is 5/18 and goodwill is ₹3,24,000, how much will be credited to the deceased partner’s executor for goodwill?
Class 12 · Accountancy
→The retiring partner's goodwill is ₹ 72000 and the gaining ratio is 7:5. How much burden will the first partner bear?
Class 12 · Accountancy
→A B C share profits in 7:4:3. B retires and A C's new ratio is 2:1. Which is the actual gaining ratio?
Class 12 · Accountancy
→A B C share profits in 7:4:3. B retires and A C's new ratio is 2:1. What is the gaining ratio?
Class 12 · Accountancy
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