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Class 12 · Accountancy

A new partner brings (₹90000) capital for (1/4) share. Adjusted capital of old partners is (₹280000). What will be hidden goodwill?

Class 12 · Accountancy

A new partner takes (1/5) share. His capital is (₹70000). Old partners' total actual capital is (₹260000). What is hidden goodwill?

Class 12 · Accountancy

Old partners share in (6:3:1). The new ratio is (5:3:1:1). Premium for goodwill is (₹40000). Which old partner will receive the full premium?

Class 12 · Accountancy

A and B's old ratio is (5:3). The new ratio is (3:2:1). Total goodwill is (₹96000). How much will be credited to A in goodwill adjustment?

Class 12 · Accountancy

The super profit is ₹24,000 and the normal rate of return is 12%. What is the value of goodwill under the capitalization of super profit method?

Class 12 · Accountancy

The average profit is ₹90,000, the normal rate of return is 15%, and the actual capital employed is ₹5,20,000. What is the value of goodwill under the capitalization of average profit method?

Class 12 · Accountancy

Super profit is (₹32000) and years' purchase is (3). The new partner takes (1/4) share. What will be his premium for goodwill?

Class 12 · Accountancy

The average profit is ₹1,10,000, the capital is ₹7,00,000, and the normal rate of return is 12%. What is the firm's super profit?

Class 12 · Accountancy

Profits of the last three years are (₹40000), (₹60000), (₹80000) and weights are (1:2:3). What is goodwill at two years' purchase by weighted average profit method?

Class 12 · Accountancy

The average profit is ₹85,000, including an abnormal profit of ₹10,000. If the years’ purchase is 4, what is the goodwill based on the adjusted average profit?

Class 12 · Accountancy

A new partner takes (1/6) share. Total goodwill is (₹180000) and he brings only (₹20000) in cash. How much goodwill balance will be adjusted?

Class 12 · Accountancy

Goodwill of (₹72000) appears in books. Old partners share profits in (5:3:1). On writing off goodwill before admission, how much will be debited to the second partner?

Class 12 · Accountancy

A and B share in (4:1). C takes (1/5) share in the old ratio. Total goodwill is (₹100000). How much will B receive from premium for goodwill?

Class 12 · Accountancy

A and B are partners in (7:5). C takes (1/4) share and the sacrificing ratio is (2:1). The firm's total goodwill is (₹120000). How much will be credited to A?

Class 12 · Accountancy

A's old share was (3/5) and new share is (1/2). B's old share was (2/5) and new share is (1/3). Which partner sacrificed more?

Class 12 · Accountancy

Total goodwill is ₹80000 and C is admitted for (1/4) share. C does not bring goodwill in cash and A and B sacrifice in (3:1). How much credit will A receive?

Class 12 · Accountancy

C is admitted for (1/6) share and brings ₹50000 as capital. If A and B's combined capital after admission is ₹210000 what will be the hidden goodwill?

Class 12 · Accountancy

A and B share profits in (7:5). C is admitted for (1/6) share and brings ₹36000 goodwill. If sacrifice is in old ratio how much will B receive?

Class 12 · Accountancy

When goodwill account is raised in the books in which ratio are old partners credited?

Class 12 · Accountancy

Which account is debited when goodwill account is raised?