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Class 12 · Accountancy

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

Class 12 · Accountancy

If deceased partner's goodwill amount is ₹ 42000 and continuing partners gain in 5:2 then how much will the second partner bear?

Class 12 · Accountancy

Old goodwill of ₹ 60000 appears in books. New goodwill is valued at ₹ 150000. A B C share in 2:2:1 and C retires. What is C's new goodwill claim?

Class 12 · Accountancy

In which situation will retiring partner's goodwill be directly credited to his capital account?

Class 12 · Accountancy

A B C share profits in 5:4:3. C retires and goodwill is ₹ 144000. C's share is taken by A and B in 2:1. What goodwill burden will B bear?

Class 12 · Accountancy

The retiring partner's goodwill is ₹ 50000. A has to bear ₹ 30000 and B has to bear ₹ 20000. What is the gaining ratio?

Class 12 · Accountancy

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

Class 12 · Accountancy

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

Class 12 · Accountancy

The deceased partner's old share is two ninth and firm's goodwill is valued at two years' purchase of average profit ₹ 81000. What is the deceased partner's goodwill amount?

Class 12 · Accountancy

A B C share profits in 7:5:4. C retires and the new ratio of A and B is 2:1. Which partner gains more?

Class 12 · Accountancy

A B C share profits in 3:2:1. C retires and A B's new ratio is 2:1. Firm's goodwill is ₹ 120000. How much goodwill is due to C?

Class 12 · Accountancy

Old books show goodwill of ₹ 90000. A B C share profits in 5:3:1 and C retires. What debit effect will be made on C's capital for writing off old goodwill?

Class 12 · Accountancy

A B C share in 4:3:2. C retires and his goodwill amount is ₹ 36000. A and B gain in 2:1. How much will A bear?

Class 12 · Accountancy

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

Class 12 · Accountancy

If the retiring partner goodwill share is ₹18000 and the gaining ratio is 2:1 what is the burden on the second continuing partner?

Class 12 · Accountancy

The statement says it is correct to distribute goodwill burden in old ratio in every question without finding gaining ratio. How is this statement?

Class 12 · Accountancy

On what basis can goodwill value be determined on retirement?

Class 12 · Accountancy

Which option shows a common mistake in goodwill adjustment?

Class 12 · Accountancy

On which side will goodwill share be recorded in the final account of a deceased partner?

Class 12 · Accountancy

When is the retiring partner goodwill amount added to final amount due?