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Class 12 · Accountancy

A new partner takes (1/7) share. Total goodwill is (₹210000) and he brings only (₹18000) in cash. How much goodwill balance will be adjusted?

Class 12 · Accountancy

Goodwill of (₹54000) appears in books. Old partners share in (4:3:2). On writing it off before admission, how much will be debited to the second partner?

Class 12 · Accountancy

A and B share in (2:3). C takes (1/5) share in the old ratio. Total goodwill is (₹125000). How much will B receive from premium?

Class 12 · Accountancy

The firm's total goodwill is (₹144000). A new partner takes (1/6) share and the sacrificing ratio is (5:3). How much will be credited to the first old partner?

Class 12 · Accountancy

In a difficult goodwill question, when both old and new ratios are given, what should be calculated first?

Class 12 · Accountancy

If goodwill is (₹125000) and the new partner takes (2/5) share. Sacrificing ratio is (1:1:3). How much will first and second old partners receive together?

Class 12 · Accountancy

In a firm, the old partners’ profit-sharing ratio was 3:2. On the admission of a new partner, the first old partner’s new share becomes \(\frac{2}{5}\), the second old partner’s new share becomes \(\frac{1}{5}\), and the new partner receives \(\frac{2}{5}\) of the profits. What is the sacrificing ratio of the old partners?

Class 12 · Accountancy

The goodwill premium brought in by the new partner is ₹60,000. The old partners’ sacrifices are 1/8 and 3/8, respectively. How much of this premium will the first old partner receive?

Class 12 · Accountancy

A and B are partners sharing profits in the ratio 7:3. C is admitted as a new partner for a 1/5 share in the firm. C brings ₹50,000 as goodwill, and A and B sacrifice this share in their old ratio. How much of the goodwill will B receive?

Class 12 · Accountancy

If the new partner's goodwill is (₹55000) and he pays it privately to old partners, what entry will be made in the firm's books?

Class 12 · Accountancy

Goodwill is (₹160000) and the new partner takes (1/4) share. He brings (₹30000) in cash. Sacrificing ratio is (5:3). How much will the first old partner receive from the cash part?

Class 12 · Accountancy

If old partners withdraw (40%) of the premium, how much part will remain in their capital accounts?

Class 12 · Accountancy

Premium for goodwill is (₹45000). (₹25000) is brought in cash and the balance is adjusted through the new partner's current account. How much total will old partners be credited?

Class 12 · Accountancy

Old ratio is (3:5) and new ratio is (4:5:3). What is the sacrificing ratio?

Class 12 · Accountancy

In goodwill adjustment on admission, if an old partner gains and does not sacrifice, what is the correct treatment for him?

Class 12 · Accountancy

Total goodwill of the firm is (₹210000). A new partner takes (1/7) share. Sacrificing ratio is (4:2:1). How much will the first old partner be credited?

Class 12 · Accountancy

New partner's capital is (₹120000) and his share is (2/5). Old partners' total capital is (₹190000). What will be hidden goodwill?

Class 12 · Accountancy

A new partner brings (₹75000) capital for (1/5) share. Old partners' capitals are (₹160000) and (₹110000). What is hidden goodwill?

Class 12 · Accountancy

A and B share profits and losses in the ratio 6:4. On C’s admission, C brings a premium of ₹30,000 for goodwill. If A and B sacrifice in the ratio 1:2, how much of the premium will B receive?

Class 12 · Accountancy

Average profit is (₹140000), normal profit is (₹104000), and years' purchase is (2). A new partner takes (1/8) share. What is his goodwill?