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Class 12 · Accountancy · Easy
→Which of the following factors can generally reduce a firm's goodwill?
Class 12 · Accountancy · Easy
→Why is future earning capacity considered while valuing goodwill?
Class 12 · Accountancy · Easy
→Capitalized value is ₹600000 and actual capital is ₹450000. What is the goodwill?
Class 12 · Accountancy · Easy
→Average profit is ₹50000 and normal rate of return is 10%. What is the capitalized value of business?
Class 12 · Accountancy · Easy
→In capitalization method goodwill is generally related to what?
Class 12 · Accountancy · Easy
→Average profit is ₹60000 and normal profit is ₹80000. What will be the conclusion under super profit method?
Class 12 · Accountancy · Easy
→If there is no super profit what will goodwill generally be under super profit method?
Class 12 · Accountancy · Easy
→If a firm's goodwill is ₹1,20,000 and its average profit is ₹40,000, what will be the years' purchase?
Class 12 · Accountancy · Easy
→What is meant by ‘years’ purchase’ in the average profit method?
Class 12 · Accountancy · Easy
→Profits are ₹30000 ₹35000 and ₹25000. The third year includes abnormal loss of ₹5000. What is the correct average profit?
Class 12 · Accountancy · Easy
→Profits are ₹40000 ₹50000 and ₹60000. The second year includes abnormal profit of ₹5000. What is the correct total profit?
Class 12 · Accountancy · Easy
→What is the correct treatment of abnormal loss in goodwill valuation?
Class 12 · Accountancy · Easy
→In the average profit method of goodwill valuation, how should abnormal profit be adjusted?
Class 12 · Accountancy · Easy
→What is the usual effect of continuous losses on a firm's goodwill?
Class 12 · Accountancy · Easy
→Which factor can increase the value of goodwill?
Class 12 · Accountancy · Easy
→A B and C share in ratio 3:2:1. C retires and A B keep new ratio 3:2. What is the gaining ratio?
Class 12 · Accountancy · Easy
→Who compensates the retiring partner for goodwill?
Class 12 · Accountancy · Easy
→How is gaining ratio calculated?
Class 12 · Accountancy · Easy
→When is gaining ratio more useful for goodwill?
Class 12 · Accountancy · Easy
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