Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy
→In which ratio should existing goodwill appearing in books be written off?
Class 12 · Accountancy
→Who is debited when goodwill is adjusted without opening goodwill account?
Class 12 · Accountancy
→What is the correct formula for gaining ratio?
Class 12 · Accountancy
→Goodwill adjustment on retirement is based on which basic principle?
Class 12 · Accountancy
→In a question the retiring partner's goodwill claim is ₹ 54000 but total debit to continuing partners' capital accounts is only ₹ 48000. What is the main error?
Class 12 · Accountancy
→Deceased partner's goodwill amount is ₹ 75000. Continuing partners A B C gain in 2:1:2. By how much will C's capital be debited?
Class 12 · Accountancy
→If goodwill burden has been wrongly shared in new ratio then what should be checked for correction?
Class 12 · Accountancy
→A B C share profits in 3:5:2. C retires. A B's new ratio is 5:5. What is the gaining ratio?
Class 12 · Accountancy
→Which principle is most useful for checking final entries after writing off old goodwill and adjusting new goodwill?
Class 12 · Accountancy
→If retiring partner D's goodwill is ₹ 25000 and only B has gained then what will be the effect on B's capital?
Class 12 · Accountancy
→A B C D share profits in 4:3:2:1. D retires and A B C's new ratio is 2:2:1. What is the gaining ratio?
Class 12 · Accountancy
→A B C D share profits in 4:3:2:1. D retires and A B C's new ratio is 2:2:1. Who has not gained?
Class 12 · Accountancy
→Which statement is most correct in goodwill adjustment?
Class 12 · Accountancy
→If the goodwill of a firm is ₹96,000 and the retiring partner’s share in the old profit-sharing ratio is \(\frac{3}{8}\), what will be his claim in goodwill?
Class 12 · Accountancy
→A B C share profits in 5:2:3. C retires and A B's new ratio is 4:1. Who will bear the goodwill burden?
Class 12 · Accountancy
→A B C share profits in 5:2:3. C retires. A B's new ratio is 4:1. What is B's gain or sacrifice?
Class 12 · Accountancy
→When retiring partner's goodwill is adjusted through continuing partners' capital accounts which account will be credited?
Class 12 · Accountancy
→The deceased partner's share is one sixth. Average profit is ₹ 72000 and goodwill is valued at two and a half years' purchase. What will be the deceased partner's claim?
Class 12 · Accountancy
→If gaining ratio is 5:3 and retiring partner's goodwill is ₹ 64000 then by how much will the second partner's capital be debited?
Class 12 · Accountancy
→