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Class 12 · Accountancy · Hard

Goodwill appearing in the old books is ₹1,20,000. A, B and C share profits in the old ratio of 4 : 3 : 5. When the goodwill is written off, by how much will C’s Capital Account be debited?

Class 12 · Accountancy · Hard

The goodwill of retiring partner C is valued at ₹35,000. A and B gain in the ratio 1:4. What amount of goodwill compensation will be borne by B?

Class 12 · Accountancy · Hard

A, B and C share profits in the ratio 3:2:1. C retires from the firm. The firm’s goodwill is ₹2,10,000. What will be C’s goodwill claim on retirement?

Class 12 · Accountancy · Hard

A, B and C share profits in the ratio 3:2:1. C retires, and the new profit-sharing ratio of A and B becomes 4:3. What is the gaining ratio of A and B?

Class 12 · Accountancy · Hard

A B C share profits in 2:6:7. B retires and A C's new ratio is 1:4. What is C's gain?

Class 12 · Accountancy · Hard

A B C share profits in 2:6:7. B retires and A C's new ratio is 1:4. What is A's position?

Class 12 · Accountancy · Hard

In which case can one continuing partner also be credited in goodwill adjustment?

Class 12 · Accountancy · Hard

If the amount payable to a retiring partner for goodwill is ₹36,000 and the gaining ratio of the partners is 2:1:3, how much of this amount will be borne by the third partner?

Class 12 · Accountancy · Hard

The deceased partner's share is one ninth. Super profit is ₹ 54000 and goodwill is four years' purchase. What is the deceased partner's goodwill?

Class 12 · Accountancy · Hard

If C's goodwill claim is ₹ 45000 and only A gains then which entry effect is correct?

Class 12 · Accountancy · Hard

A, B and C share profits in the ratio 3:7:5. C retires, and the new profit-sharing ratio of A and B becomes 5:3. Who will bear the goodwill compensation payable to C?

Class 12 · Accountancy · Hard

A, B and C share profits in the ratio 3:7:5. C retires, and the new profit-sharing ratio of A and B becomes 5:3. Which partner makes a sacrifice on C’s retirement?

Class 12 · Accountancy · Hard

If goodwill account is raised at full value and immediately written off in new ratio then on whom does the final burden focus?

Class 12 · Accountancy · Hard

On retirement if goodwill account is raised at full value then who will be credited initially?

Class 12 · Accountancy · Hard

In the method of raising goodwill account at full value and later writing it off which account is first debited with full goodwill?

Class 12 · Accountancy · Hard

If retiring A's goodwill is ₹ 72000 and only C gains then what will be the effect on C's capital?

Class 12 · Accountancy · Hard

A B C share profits in 4:5:3. A retires and B C's new ratio is 2:3. Who will bear the new goodwill burden?

Class 12 · Accountancy · Hard

A B C share profits in 4:5:3. A retires and B C's new ratio is 2:3. Who sacrifices?

Class 12 · Accountancy · Hard

If C's goodwill is valued at ₹48,000 and the partners' gaining ratio is 1:0:2, how much of the goodwill burden will be borne by D?

Class 12 · Accountancy · Hard

A B C D share profits in 2:2:3:3. C retires and A B D's new ratio is 3:2:5. What is the gaining ratio?