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Class 12 · Accountancy

If the retiring partner’s share of goodwill is ₹1,20,000 and the continuing partners’ gaining ratio is 5:3, what amount of goodwill will be borne by the second continuing partner?

Class 12 · Accountancy

If goodwill premium is rupees eighty four thousand and sacrificing ratio is two ratio five what is the share of the second old partner?

Class 12 · Accountancy

If old partners withdraw only sixty percent of goodwill premium what happens to the remaining forty percent?

Class 12 · Accountancy

If the new partner brings goodwill in cash and the amount is retained in the firm on what basis will old partners' capital accounts be credited?

Class 12 · Accountancy

If the new partner privately pays goodwill only to A because only A sacrificed what entry will be passed in firm's books?

Class 12 · Accountancy

If existing goodwill in books is not written off before admission what main problem arises in new goodwill adjustment?

Class 12 · Accountancy

If goodwill is raised and then immediately written off which ratio may be used for writing it off?

Class 12 · Accountancy

If goodwill account is raised in the books what will be the nature of goodwill account?

Class 12 · Accountancy

If the firm's earning depends only on one partner's personal skill what risk exists in goodwill valuation?

Class 12 · Accountancy

If a firm has a long term profitable government contract what effect may it have on goodwill?

Class 12 · Accountancy

If a firm is going to shift location and customers may reduce at the new place what care is needed in goodwill valuation?

Class 12 · Accountancy

If a firm's goodwill is mainly based on customer list and service quality which factor does it show?

Class 12 · Accountancy

If past profit includes gain on sale of an old building why will it be removed in goodwill valuation?

Class 12 · Accountancy

If weighted total of profits is rupees twenty seven lakh and total weights are nine what is the weighted average profit?

Class 12 · Accountancy

If the most recent year is given the lowest weight while profits are rising what will be the result?

Class 12 · Accountancy

If last four profits are rupees one lakh fifty thousand two lakh two lakh fifty thousand and three lakh and profits are rising fast which average method is better?

Class 12 · Accountancy

If super profit remains same but capitalization rate falls from twenty percent to ten percent what will happen to goodwill?

Class 12 · Accountancy

If normal rate of return falls while average profit and capital employed remain same what happens to normal profit?

Class 12 · Accountancy

If actual return rate is lower than normal rate what does it indicate under super profit method?

Class 12 · Accountancy

If average profit is rupees eight lakh and capital is rupees fifty lakh what is the actual rate of return?