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Class 12 · Accountancy
→The average profit is ₹3,90,000, the normal rate of return is 13%, and the actual capital is ₹27,00,000. What is the value of goodwill under the capitalization of average profit method?
Class 12 · Accountancy
→The current profit of ₹4,50,000 includes an abnormal profit of ₹70,000. In the future, an expense saving of ₹30,000 will arise, while a new cost will increase expenses by ₹10,000. What will be the adjusted future profit?
Class 12 · Accountancy
→On admission of a new partner one old partner is also gaining. In internal adjustment of goodwill on which side will that gaining old partner appear?
Class 12 · Accountancy
→Goodwill is (₹420000). A and B's old ratio is (5:2) and new ratio is (4:3). Who will be credited and by how much?
Class 12 · Accountancy
→Retiring partner's goodwill share is (₹200000). Continuing partners' gaining ratio is (1:3). How much will the first continuing partner be debited?
Class 12 · Accountancy
→A, B and C share profits in the ratio 3:4:3. After B retires, A and C will share profits in the ratio 2:3. What will be the gaining ratio of A and C?
Class 12 · Accountancy
→Goodwill is (₹810000). New partner takes (1/9) share and sacrificing ratio is (4:5). How much will the first old partner be credited?
Class 12 · Accountancy
→New partner brings capital (₹200000) equal to his (1/5) share. Adjusted capital of old partners is (₹840000). What is the conclusion about hidden goodwill?
Class 12 · Accountancy
→A and B share profits in the ratio 9:6. They change their profit-sharing ratio to 4:3. If the goodwill of the firm is ₹3,50,000, what amount will be debited to the gaining partner, B?
Class 12 · Accountancy
→A and B share profits in the ratio 9:6. Their new profit-sharing ratio is 4:3. Who gains from this change?
Class 12 · Accountancy
→Profits are (₹180000), (₹240000), (₹300000). First year had abnormal loss (₹20000) and third year had non recurring income (₹50000). What is adjusted average profit?
Class 12 · Accountancy
→Average profit is (₹420000). Future expense will increase by (₹60000) and new income will be (₹35000). Normal profit is (₹310000). What is super profit?
Class 12 · Accountancy
→When goodwill account is raised and written off, total credit in old ratio is (₹600000). What will be total debit in new ratio?
Class 12 · Accountancy
→C retires. His share of goodwill is (₹90000) and the entire gain goes only to A. What will happen in adjustment?
Class 12 · Accountancy
→A, B and C share profits in the ratio 5:4:1. When C retires, A and B adopt a new profit-sharing ratio of 3:2. What is the gaining ratio of A and B?
Class 12 · Accountancy
→A new partner brings ₹1,80,000 in cash as premium for goodwill. The old partners withdraw ₹1,20,000 from this amount. What will be the net increase in the firm's bank balance?
Class 12 · Accountancy
→Firm's goodwill is (₹480000). New partner is admitted for (1/8) share. Sacrificing ratio is (5:3). How much will the second old partner be credited?
Class 12 · Accountancy
→A and B share profits in (7:3). C is admitted and new ratio is (4:4:2). Goodwill is (₹500000). What is B's net effect?
Class 12 · Accountancy
→A and B share profits in the ratio 7:3. When C is admitted, the new profit-sharing ratio becomes 4:4:2. What is A’s sacrificing ratio?
Class 12 · Accountancy
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