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Class 12 · Accountancy
→Goodwill appearing in the books is ₹99,000 and the partners’ old profit-sharing ratio is 2:4:3. When the goodwill is written off in the old ratio, what amount will be debited to Partner C’s account?
Class 12 · Accountancy
→Goodwill appearing in the books, valued at ₹84,000, is to be written off among the partners in their old ratio of 3:2:2. What amount will be debited to A’s account?
Class 12 · Accountancy
→If a continuing partner reduces his share what will he be considered?
Class 12 · Accountancy
→If one continuing partner has zero gain who will bear the goodwill burden?
Class 12 · Accountancy
→Goodwill is ₹180000 and retiring partner share is ( \frac{2}{9} ). Gaining ratio is 5:3. What is the burden on the first partner?
Class 12 · Accountancy
→Goodwill is ₹120000 and the retiring partner share is ( \frac{1}{8} ). Gaining ratio is 2:3. What is the burden on the second partner?
Class 12 · Accountancy
→A B and C share profits in 2:2:5. C retires and A B new ratio is 3:1. Who actually gained?
Class 12 · Accountancy
→A B and C share profits in 4:5:1. C retires and A B new ratio is 1:1. Who actually gained?
Class 12 · Accountancy
→Old ratio is 1:3:2. B retires and A C new ratio is 2:3. What is the gaining ratio?
Class 12 · Accountancy
→Old ratio is 5:4:3. C retires and A B new ratio is 3:2. What is the gaining ratio?
Class 12 · Accountancy
→A, B and C share profits in the ratio 5:1:4. A retires, and the goodwill of the firm is valued at ₹1,50,000. What amount of goodwill is attributable to A?
Class 12 · Accountancy
→Three partners share profits in the ratio 6:1:3. Partner C retires and receives ₹27,000 as his share of goodwill. What is the total goodwill of the firm?
Class 12 · Accountancy
→A, B and C share profits in the ratio 3:4:5. A dies, and the goodwill of the firm is valued at ₹96,000. How much will A’s executor receive as A’s share of goodwill?
Class 12 · Accountancy
→A, B and C share profits in the ratio 2:5:3. B retires, and the goodwill of the firm is valued at ₹1,10,000. What amount will B receive as his share of goodwill?
Class 12 · Accountancy
→A, B and C share profits in the ratio 4:2:1. When C retires, the goodwill of the firm is valued at ₹70,000. What is C’s share of goodwill?
Class 12 · Accountancy
→What is the main difference between direct method and memorandum method?
Class 12 · Accountancy
→Why is goodwill account closed at the end under memorandum method?
Class 12 · Accountancy
→If partners privately pay goodwill what happens in the firm books?
Class 12 · Accountancy
→The goodwill share of a deceased partner is credited to which account?
Class 12 · Accountancy
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