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Class 12 · Accountancy
→Between whom is goodwill adjusted at the time of retirement?
Class 12 · Accountancy
→The amount of goodwill represents whose earning capacity?
Class 12 · Accountancy
→In which situation may the retiring partner not get a separate goodwill claim?
Class 12 · Accountancy
→If gaining ratio is (3:2) and total goodwill compensation is ₹25000 then what burden falls on the smaller share partner?
Class 12 · Accountancy
→The goodwill compensation payable to the retiring partner is ₹15,000. If the gaining partners A and B have a gaining ratio of 2:1, what amount will be debited to A’s Capital Account?
Class 12 · Accountancy
→Why is goodwill compensation adjusted through capital accounts on retirement?
Class 12 · Accountancy
→When A B C share profits in (3:3:2) and A retires then by which fraction is A goodwill share calculated?
Class 12 · Accountancy
→If firm goodwill is ₹120000 and deceased partner share is (1/6) then how much will be allowed for goodwill to his heirs?
Class 12 · Accountancy
→If B’s old profit-sharing share is \(\frac{1}{4}\) and his new profit-sharing share is \(\frac{3}{8}\), what is B’s gaining share?
Class 12 · Accountancy
→After the reconstitution of the partnership, A’s old profit-sharing share is \(\frac{2}{5}\) and the new share is \(\frac{1}{2}\). What is A’s gain?
Class 12 · Accountancy
→What is the gaining ratio used for?
Class 12 · Accountancy
→If the deceased partner goodwill claim is ₹18000 then what will it do in final settlement?
Class 12 · Accountancy
→A B C share profits in old ratio (4:3:3). B retires. Goodwill is ₹70000. What is B share of goodwill?
Class 12 · Accountancy
→By which ratio is the retiring partner share of goodwill calculated?
Class 12 · Accountancy
→In which ratio are partners capital accounts debited when old goodwill is written off?
Class 12 · Accountancy
→If goodwill already appears in books at ₹30000 then what is generally done before retirement adjustment?
Class 12 · Accountancy
→What is the benefit of adjusting goodwill without opening goodwill account in books?
Class 12 · Accountancy
→Which is the correct journal entry when A and B are gaining partners and C retires?
Class 12 · Accountancy
→If the retiring partner’s share of goodwill is ₹12,000 and A and B gain in the ratio of 1:1, how much will be debited from each partner’s capital account for goodwill?
Class 12 · Accountancy
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