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Class 12 · Accountancy

If the new value of goodwill is only recorded by way of memorandum what does it mean?

Class 12 · Accountancy

Why does goodwill entitlement arise on retirement?

Class 12 · Accountancy

If one continuing partner share decreases in goodwill adjustment what is its accounting meaning?

Class 12 · Accountancy

Old ratio is 2:6:2. B retires and A C new ratio is 3:2. Who gained more?

Class 12 · Accountancy

Old ratio is 5:2:3. B retires and A C new ratio is 7:5. What is the gaining ratio?

Class 12 · Accountancy

A, B and C share profits in the ratio of 4:4:2. A dies, and the goodwill of the firm is valued at ₹1,25,000. How much will A’s executor receive for goodwill?

Class 12 · Accountancy

A, B and C share profits in the ratio 3:1:6. C retires, and the goodwill of the firm is valued at ₹50,000. What will be C’s share of goodwill?

Class 12 · Accountancy

A, B and C share profits in the ratio 6:2:2. B retires, and the firm’s goodwill is valued at ₹150000. What is B’s share of goodwill?

Class 12 · Accountancy

Goodwill is ₹84000 and the retiring partner share is ( \frac{2}{7} ). Gaining ratio is 5:3. What is the burden on the second partner?

Class 12 · Accountancy

Goodwill is ₹96000 and the retiring partner share is ( \frac{1}{6} ). Gaining ratio is 3:1. What is the burden on the first partner?

Class 12 · Accountancy

A B and C share profits in 2:3:5. C retires and A B new ratio is 1:1. What is the gaining ratio?

Class 12 · Accountancy

Old ratio is 3:4:3. B retires and A C share equally. What is the gaining ratio?

Class 12 · Accountancy

Old ratio is 5:3:2. C retires and A B new ratio is 4:1. Who actually gained?

Class 12 · Accountancy

In goodwill adjustment on retirement, if new profit shares of continuing partners are given, how will their gain be identified?

Class 12 · Accountancy

If the retiring partner's goodwill share is ₹ 18000 and the continuing partners' gaining ratio is 2:7 then how much will the first partner bear?

Class 12 · Accountancy

Old ratio is 4:2:3. 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 1:2:2. A retires, and the firm’s goodwill is ₹75,000. What amount will A receive as his share of goodwill?

Class 12 · Accountancy

The partners share profits in the ratio 2:5:3. C retires, and his share of goodwill is ₹24,000. What is the total goodwill of the firm?

Class 12 · Accountancy

A, B and C share profits in the ratio 4:1:5. A dies, and the goodwill of the firm is valued at ₹1,00,000. How much will be payable to A’s executor for goodwill?

Class 12 · Accountancy

A, B and C share profits and losses in the ratio 3:5:2. B retires, and the firm’s goodwill is valued at ₹90000. How much will B receive as his share of goodwill?