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Class 12 · Accountancy
→If average profit is ₹110000 and normal profit is ₹135000 what is the correct conclusion under super profit method?
Class 12 · Accountancy
→Under capitalization of super profit method super profit is ₹72000 and normal return is (18%). What will be goodwill?
Class 12 · Accountancy
→The old partners A and B share profits in the ratio 16:9. C is admitted for a 1/5 share of profits, and both old partners sacrifice equally. What will be B’s new profit-sharing share?
Class 12 · Accountancy
→A and B share in old ratio (16:9). C is admitted for (1/5) share and A and B sacrifice equally. What will be A's new share?
Class 12 · Accountancy
→New partner's required goodwill is ₹96000 but he brings ₹85000. What is the deficiency?
Class 12 · Accountancy
→If goodwill is brought in cash and (3/8) of the amount is withdrawn what final cash effect will remain?
Class 12 · Accountancy
→C brought ₹64000 goodwill in cash. Old partners retained (37.5%) of it in business and withdrew the balance. What will be the withdrawal?
Class 12 · Accountancy
→An existing partner’s old profit-sharing share is \(\frac{3}{10}\), and the new share after reconstitution is \(\frac{1}{4}\). What does this indicate?
Class 12 · Accountancy
→A and B share profits in the ratio 11:9. C is admitted into the partnership and receives \(\frac{1}{5}\) of the total profits. If A’s new profit share is \(\frac{2}{5}\), what will be B’s new profit share?
Class 12 · Accountancy
→A's old share is (7/15) and new share is (2/5). B's old share is (8/15) and new share is (7/15). Who sacrificed more?
Class 12 · Accountancy
→If an old partner's new share becomes higher than his old share what is the correct treatment regarding goodwill?
Class 12 · Accountancy
→Total goodwill is ₹320000. C is admitted for (3/16) share. Sacrificing ratio of A and B is (5:1) and C does not bring goodwill. How much will A's capital be credited?
Class 12 · Accountancy
→If the question clearly says that the new partner takes his share equally from old partners what will be the basis of goodwill distribution?
Class 12 · Accountancy
→Under fluctuating capital method if the new partner does not bring goodwill in cash through which account can adjustment generally be made?
Class 12 · Accountancy
→C's required goodwill is ₹88000. C brings ₹55000 cash. Sacrificing ratio is (6:5). How much total credit will the second old partner receive?
Class 12 · Accountancy
→If the recent year contains a very large abnormal profit what care is needed in weighted average profit?
Class 12 · Accountancy
→Under weighted average profit profits are ₹85000 ₹95000 ₹125000 and ₹145000 with weights (1:2:3:4). What is the weighted average profit?
Class 12 · Accountancy
→Profits for four years are ₹90000 ₹130000 ₹160000 and ₹150000. The fourth year included abnormal loss of ₹20000. What is the correct average profit?
Class 12 · Accountancy
→Profits for three years are ₹125000 ₹155000 and ₹170000. The first year included abnormal profit of ₹25000. What will be the adjusted average profit?
Class 12 · Accountancy
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