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Class 12 · Accountancy

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

Class 12 · Accountancy

A B C D share profits in 3:2:2:1. D retires and A B C's new ratio is 4:3:1. Who will bear the new goodwill burden?

Class 12 · Accountancy

A, B, C and D share profits in the ratio 3:2:2:1. When D retires, the new profit-sharing ratio of A, B and C becomes 4:3:1. Which partner sacrifices?

Class 12 · Accountancy

Old goodwill of ₹ 50000 is written off and the retiring partner's share in new goodwill is ₹ 30000. If continuing partners adjust new goodwill correctly in gaining ratio then which principle is correct?

Class 12 · Accountancy

If the retiring partner's goodwill is ₹75,000 and the gaining ratio is 8:17, how much burden falls on the partner with seventeen parts?

Class 12 · Accountancy

A, B and C share profits in 8:5:3. B retires and A and C's new ratio is 3:2. What will be the gaining ratio?

Class 12 · Accountancy

A B C share profits in 8:5:3. B retires and A C's new ratio is 3:2. What is A's gain?

Class 12 · Accountancy

A, B and C share profits in 8:5:3. B retires and A and C's new ratio is 3:2. What is C's gain?

Class 12 · Accountancy

The deceased partner's old share is three tenth. Average profit is ₹ 60000 and goodwill is valued at three years' purchase. What is the deceased partner's goodwill?

Class 12 · Accountancy

A B C share profits in 2:1:1. C retires and A B's new ratio is 3:1. Which statement is correct?

Class 12 · Accountancy

Goodwill of ₹72,000 appears in the old books. Partners A, B and C share profits in the old ratio of 7:3:2. When the goodwill is written off, by how much will B’s Capital Account be debited?

Class 12 · Accountancy

The retiring partner's goodwill is ₹ 54000. Continuing partners gain in 4:5. By how much will the second partner's capital be debited?

Class 12 · Accountancy

A, B and C share profits in the ratio 6:4:2. C retires, and the firm's total goodwill is ₹ 168000. What is C's share of the goodwill?

Class 12 · Accountancy

A B C share profits in 4:2:1. C retires and A B's new ratio is 5:2. What is the gaining ratio?

Class 12 · Accountancy

Old ratio is 7:2:1. C retires and A B new ratio is 4:1. What is the gaining ratio?

Class 12 · Accountancy

If the retiring partner goodwill share is ₹56000 and the gaining ratio is 5:2 what is the burden on the first continuing partner?

Class 12 · Accountancy

The retiring partner goodwill share is ₹42000 and gaining ratio is 4:3. What is the burden on the second partner?

Class 12 · Accountancy

If the total value of goodwill is ₹1,35,000 and the retiring partner’s share is \(\frac{4}{15}\), what amount of goodwill is due to the partner?

Class 12 · Accountancy

The statement says goodwill share is calculated by old ratio and burden is distributed by gaining ratio. How is this statement?

Class 12 · Accountancy

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