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Class 12 · Accountancy
→If a new partner brings more goodwill premium than his share, what is the effect of the excess?
Class 12 · Accountancy
→What does it mean if a bonus is given to the new partner?
Class 12 · Accountancy
→C is admitted to the firm for a 1/6 share of profit. The firm's total goodwill is ₹1,20,000, and C brings only ₹15,000 in cash for goodwill. What is the amount of unbrought goodwill?
Class 12 · Accountancy
→The new partner could not bring full goodwill premium. Through which account is the shortfall adjusted?
Class 12 · Accountancy
→If goodwill premium is immediately withdrawn by old partners, which entry is passed?
Class 12 · Accountancy
→A and B sacrifice in the ratio 2:1. C brings ₹45,000 as goodwill premium. How much will A receive?
Class 12 · Accountancy
→The firm’s goodwill is ₹1,50,000 and the new partner receives a 1/5 share. What is his goodwill premium?
Class 12 · Accountancy
→On what basis is the new partner's share of goodwill calculated?
Class 12 · Accountancy
→C brings ₹100000 capital for (1/4) share. What is the implied value of the firm based on total capital?
Class 12 · Accountancy
→When is hidden goodwill generally calculated?
Class 12 · Accountancy
→A firm's capitalized value is ₹9,00,000 and its actual capital is ₹7,60,000. What is the value of the firm's goodwill?
Class 12 · Accountancy
→If the average profit is ₹80,000 and the normal rate of return is 10%, what will be the capitalized value of the business?
Class 12 · Accountancy
→How is goodwill calculated under the capitalization method?
Class 12 · Accountancy
→Super profit is ₹30,000 and goodwill is valued at three years' purchase. What is the value of goodwill?
Class 12 · Accountancy
→Normal profit is ₹70,000 and actual average profit is ₹95,000. What is the super profit?
Class 12 · Accountancy
→If profits for three years are ₹40,000, ₹50,000 and ₹60,000 and goodwill is valued at two years' purchase, what is goodwill?
Class 12 · Accountancy
→The firm's average profit is ₹60000 and goodwill is valued at two years' purchase. What is the value of goodwill?
Class 12 · Accountancy
→A and B share profits in (5:3). C is admitted for (1/4) share sacrificed by A and B in old ratio. What is the sacrificing ratio?
Class 12 · Accountancy
→A and B share profits in (3:2). C is admitted for (1/5) share and A and B sacrifice equally. What is the sacrificing ratio?
Class 12 · Accountancy
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