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Class 12 · Accountancy
→Why is old ratio used for writing off old goodwill and sacrificing ratio used for admission goodwill distribution?
Class 12 · Accountancy
→The new profit-sharing ratio of A, B and C is 8:5:2. C is the new partner, and his share of the firm's goodwill is ₹44,000. What is the total goodwill of the firm?
Class 12 · Accountancy
→C is admitted to the firm for a (2/11) share. The total goodwill of the firm is ₹2,75,000, and C brings ₹42,000 towards goodwill. What is the deficiency in the goodwill premium?
Class 12 · Accountancy
→When goodwill is retained in business old partners' capitals increase and cash also increases. Why does this happen?
Class 12 · Accountancy
→A and B's capitals are ₹250000 and ₹150000. C brings ₹125000 capital for (1/5) share. What will be hidden goodwill?
Class 12 · Accountancy
→Why is it wrong to distribute the amount brought in excess of required goodwill among old partners?
Class 12 · Accountancy
→Total goodwill is ₹360000 and C is admitted for (1/9) share. If C brings ₹50000 goodwill what is the position?
Class 12 · Accountancy
→New partner C brings goodwill of ₹60,000. The sacrificing ratio of the old partners A and B is 2:3. What amount will be credited to B’s account for goodwill?
Class 12 · Accountancy
→A and B share in (7:3). C is admitted for (1/5) share. C takes his share from A and B in (2:3). What will be the final new ratio?
Class 12 · Accountancy
→Why is using revaluation account for admission goodwill adjustment a serious mistake?
Class 12 · Accountancy
→If normal profit is ₹95000 and average profit is ₹95000 what will be goodwill under super profit method?
Class 12 · Accountancy
→Under capitalization of super profit method super profit is ₹56000 and normal return is (14%). What will be goodwill?
Class 12 · Accountancy
→The old partners share profits in the ratio 13:7. C is admitted for a 1/4 share of profits. If both old partners sacrifice equally, what will be B's new profit-sharing share?
Class 12 · Accountancy
→A and B share in old ratio (13:7). C is admitted for (1/4) share and A and B sacrifice equally. What will be A's new share?
Class 12 · Accountancy
→New partner's required goodwill is ₹72000 but he brings ₹90000. What is the excess amount?
Class 12 · Accountancy
→Goodwill is brought in cash and half of it is retained in business. What will be the final cash effect?
Class 12 · Accountancy
→C brought ₹48000 goodwill in cash. Old partners retained (25%) of it in business and withdrew the balance. What will be the withdrawal?
Class 12 · Accountancy
→If a partner’s old share increases from 7/20 to a new share of 9/20, what does this indicate?
Class 12 · Accountancy
→A and B share profits in the ratio 5:3. C is admitted for a \(1/4\) share of profits, and A’s new share after admission is \(3/8\). What will be B’s new share of profits?
Class 12 · Accountancy
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