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Class 12 · Accountancy
→In case of death of a partner to which account is his share of goodwill credited?
Class 12 · Accountancy
→On which side is the retiring partner's share of goodwill recorded in continuing partners' capital accounts?
Class 12 · Accountancy
→At retirement the continuing partners' old ratio was four ratio three and they took the retiring partner's share equally. What will be the gaining ratio?
Class 12 · Accountancy
→If inferred total capital is rupees twelve lakh and actual total capital is rupees fourteen lakh what is the correct conclusion about hidden goodwill?
Class 12 · Accountancy
→In hidden goodwill new partner's capital is rupees two lakh and his share is one fifth. Old partners' total capital is rupees seven lakh. What is hidden goodwill?
Class 12 · Accountancy
→If goodwill premium is credited to old partners in old ratio instead of sacrificing ratio what error occurs?
Class 12 · Accountancy
→If a new partner brings only half of his goodwill premium in cash what is the usual accounting treatment of the remaining half?
Class 12 · Accountancy
→If total goodwill is rupees seven lakh twenty thousand and the new partner's share is three tenths what will be his goodwill premium?
Class 12 · Accountancy
→A and B share profits in the old ratio of 7:3, while their new ratio is 3:2. Which partner is sacrificing due to this change?
Class 12 · Accountancy
→A and B share profits in three ratio one. C takes one fifth share entirely from B. What will be the sacrificing ratio?
Class 12 · Accountancy
→How will an expense that will stop in future be treated in goodwill valuation?
Class 12 · Accountancy
→If the firm suffered an abnormal loss due to machine accident last year what should be done while calculating average profit?
Class 12 · Accountancy
→If past profits include one time legal compensation income how will it be treated for goodwill valuation?
Class 12 · Accountancy
→If capitalized value is rupees forty two lakh and actual capital employed is rupees twenty nine lakh what is goodwill?
Class 12 · Accountancy
→If average profit is rupees six lakh and normal rate of return is fifteen percent under capitalization of average profit method what will be the capitalized value?
Class 12 · Accountancy
→If average profit is rupees four lakh fifty thousand and normal profit is rupees two lakh seventy thousand and years purchase are two and a half then what is goodwill by super profit method?
Class 12 · Accountancy
→Profits are (₹240000), (₹280000), (₹360000). Future expense will increase by (₹20000) per year. Normal profit is (₹230000). What will be super profit?
Class 12 · Accountancy
→A and B share profits in (3:2). C is admitted for (1/4) share. New ratio is (2:1:1) and goodwill is (₹400000). How much will B be credited?
Class 12 · Accountancy
→A and B share profits in the ratio 3:2. C is admitted as a partner for a 1/4 share of profits. The new profit-sharing ratio is 2:1:1. What is the sacrificing ratio of A and B?
Class 12 · Accountancy
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