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Class 12 · Accountancy

A B C share profits in 3:4:3. C retires and A B's new ratio is 7:3. Which partner sacrifices?

Class 12 · Accountancy

Statement: Writing off old goodwill and adjusting new goodwill are done in the same ratio. How is this statement?

Class 12 · Accountancy

The deceased partner’s goodwill is valued at ₹56,000. If A and B gain in the ratio 3:5, what will be the debit effect on A’s and B’s capital accounts, respectively?

Class 12 · Accountancy

If the firm's goodwill is ₹180000 and the retiring partner's share in goodwill is two-fifteenths, how much goodwill compensation will he receive?

Class 12 · Accountancy

While making indirect adjustment of goodwill on retirement which account is generally not opened?

Class 12 · Accountancy

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

Class 12 · Accountancy

A, B and C share profits in the old ratio 2:5:3. After A's retirement, the new profit-sharing ratio of B and C becomes 3:2. What will be C's position?

Class 12 · Accountancy

A, B and C share profits in the ratio 2:5:3. After A’s retirement, B and C agree to share profits in the new ratio 3:2. What is B’s gain in share?

Class 12 · Accountancy

If the retiring partner's goodwill is ₹ 27000 and one continuing partner's share in gaining ratio is zero then what is the effect on his capital?

Class 12 · Accountancy

A, B and C share profits in the ratio 4:4:2. When C retires, A and B agree to share future profits in the ratio 5:5. What is the gaining ratio of A and B?

Class 12 · Accountancy

On what basis does the retiring partner receive goodwill when the new ratio of continuing partners is given?

Class 12 · Accountancy

If old books show goodwill of ₹ 40000 and old partners share in 3:2:1 then by how much will B's account be debited when goodwill is written off?

Class 12 · Accountancy

A B C share profits in 5:3:2. B retires. A and C's new ratio is 3:2. Which conclusion is correct?

Class 12 · Accountancy

In goodwill adjustment, if a continuing partner's new share is less than his old share then what is his position?

Class 12 · Accountancy

A B C share in 1:2:3. B retires and A C's new ratio is 3:5. B's goodwill is ₹ 48000. What is the correct burden on A?

Class 12 · Accountancy

A B C share in 1:2:3. B retires and A C's new ratio is 3:5. B's goodwill is ₹ 48000. How much will A bear?

Class 12 · Accountancy

On retirement new goodwill is ₹ 200000. The retiring partner's old share is one fourth. If continuing partners gain in 3:2 then what is the first partner's burden?

Class 12 · Accountancy

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

Class 12 · Accountancy

If goodwill account is raised at full value and later written off then finally the retiring partner's benefit should equal what?

Class 12 · Accountancy

A B C share profits in 6:3:1. B retires and A C's new ratio is 3:2. What is A's gain or sacrifice?