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Class 12 · Accountancy
→Neeraj and Pankaj share profits in (4:1). Queen is admitted for (1/5) share. If Queen's share is taken from Pankaj then what is the new ratio?
Class 12 · Accountancy
→Kapil and Lalit share profits in (2:1). Manoj is admitted for (1/3) share which is given equally by both old partners. What is the new ratio?
Class 12 · Accountancy
→Anshu and Binu share profits in the ratio 7:5. Charu is admitted as a partner for a 1/6 share of profits. If Anshu and Binu surrender Charu’s share in their old ratio, what will be the new profit-sharing ratio?
Class 12 · Accountancy
→Rohit and Mohit share profits in (5:3). Sohit is admitted for (1/4) share which is taken from Rohit only. What is the new ratio?
Class 12 · Accountancy
→Reena and Seema share profits equally. Meena is admitted for (1/4) share. If Meena gets her share equally from both old partners then what is the new ratio?
Class 12 · Accountancy
→Aman and Bharat share profits in old ratio (3:2). Chetan is admitted for (1/5) share. If Chetan gets his share from the old partners in old ratio then what is the new profit sharing ratio?
Class 12 · Accountancy
→If an examination question specifies the capitalization method for goodwill but a student applies the average profit method, what is the main error?
Class 12 · Accountancy
→If abnormal loss is not added back while calculating maintainable profit, what will be the effect on goodwill?
Class 12 · Accountancy
→While valuing goodwill by the average profit method, what will be the effect if abnormal gain is not deducted from the average profit?
Class 12 · Accountancy
→If a sacrificing partner has been debited what is the correct correction?
Class 12 · Accountancy
→If a gaining partner is wrongly credited what error occurs in goodwill adjustment?
Class 12 · Accountancy
→If goodwill adjustment is to be made through current accounts instead of capital accounts, what does this mean?
Class 12 · Accountancy
→If the partnership agreement clearly states that a new partner's goodwill will be shared equally among the old partners, what treatment should be followed?
Class 12 · Accountancy
→If a firm's location is highly profitable but its lease is due to expire soon, what potential effect may this have on goodwill?
Class 12 · Accountancy
→If the firm's main license expires next month and renewal is uncertain what should be done in goodwill valuation?
Class 12 · Accountancy
→If only cash sales are considered and credit sales are ignored while valuing goodwill what problem arises?
Class 12 · Accountancy
→If actual rate of return is much higher than normal rate what is the most appropriate conclusion about goodwill?
Class 12 · Accountancy
→If average profit is rupees three lakh seventy five thousand and capital employed is rupees twenty five lakh what is the actual rate of return?
Class 12 · Accountancy
→If capital employed decreases and average profit remains same what will happen to super profit?
Class 12 · Accountancy
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