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Class 12 · Accountancy
→Average profit is ₹72000 normal rate of return is 12 percent and capital employed is ₹500000. What is goodwill by capitalization method?
Class 12 · Accountancy
→Actual profit is ₹65000 and normal profit is ₹50000. Goodwill is valued at 2 years purchase of super profit. What is goodwill?
Class 12 · Accountancy
→The profits for the last three years are ₹30,000, ₹35,000 and ₹40,000, respectively. Goodwill is valued at two years’ purchase of the average profit. If C’s share is \(\frac{1}{4}\), what is the value of C’s share in goodwill?
Class 12 · Accountancy
→Average profit is ₹20000 and goodwill is valued at 3 years purchase. What will be the goodwill?
Class 12 · Accountancy
→Which is the correct entry to remove old goodwill from books?
Class 12 · Accountancy
→The old profit-sharing ratio of A, B and C is 4:3:2. When C retires, the new profit-sharing ratio of A and B becomes 5:4. What is the gaining ratio of A and B?
Class 12 · Accountancy
→A B and C share in 5:3:2. C retires and A B new ratio is 7:3. Goodwill is ₹100000. Who will bear the burden?
Class 12 · Accountancy
→A B and C share in 3:2:1. C retires. Goodwill is ₹48000 and A B continue in 3:2. What is goodwill burden on A?
Class 12 · Accountancy
→Goodwill in books is ₹30000 and the ratio is 2:1:1. How much will be debited to C account on writing off old goodwill?
Class 12 · Accountancy
→If goodwill already appears in the books what is its correct treatment before retirement?
Class 12 · Accountancy
→When goodwill is adjusted without opening goodwill account which entry is correct?
Class 12 · Accountancy
→What is the correct difference between new profit ratio and gaining ratio on retirement?
Class 12 · Accountancy
→Old partners share in 3:2:1. C retires and A B new ratio is 1:1. What is B gain?
Class 12 · Accountancy
→A B and C old ratio is 2:2:1. C retires and A B new ratio is 3:2. Who gains?
Class 12 · Accountancy
→A B and C share profits in 6:3:1. C retires and firm goodwill is ₹90000. What is C goodwill share?
Class 12 · Accountancy
→A B and C share in 3:3:2. C retires and his goodwill amount is ₹16000. What is total goodwill?
Class 12 · Accountancy
→A B and C share profits in 2:3:5. C dies and goodwill is ₹80000. What amount will C executor receive for goodwill?
Class 12 · Accountancy
→A B and C share in 4:4:2. C retires and goodwill is ₹60000. How much goodwill will C receive?
Class 12 · Accountancy
→A B and C share profits in 5:3:2 and C retires. The firm goodwill is ₹50000. What is C share?
Class 12 · Accountancy
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