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Class 12 · Accountancy · Expert
→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 · Expert
→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 · Expert
→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 · Expert
→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 · Expert
→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 · Expert
→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 · Hard
→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 · Expert
→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 · Expert
→C retires. His share of goodwill is (₹90000) and the entire gain goes only to A. What will happen in adjustment?
Class 12 · Accountancy · Expert
→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 · Expert
→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 · Expert
→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 · Expert
→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 · Expert
→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 · Expert
→Average profit is (₹132000), normal rate is (11%), and actual capital is (₹1350000). What is the conclusion under capitalization of average profit method?
Class 12 · Accountancy · Expert
→The average profit is ₹3,60,000, the normal profit is ₹2,85,000, and the normal rate of return is 15%. What is the value of the firm's goodwill using the capitalization of super profit method?
Class 12 · Accountancy · Expert
→Profits are (₹220000), (₹260000), (₹340000), (₹420000). Fourth year includes abnormal profit (₹60000) and weights are (1:2:3:4). What is weighted average adjusted profit?
Class 12 · Accountancy · Expert
→The old profit-sharing ratio of three partners is 2:5:3 and the new ratio is 3:4:3. The firm's goodwill is valued at ₹6,00,000. By what amount should the capital/current account of the gaining partner be debited under the new ratio?
Class 12 · Accountancy · Expert
→Old ratio is (2:5:3), new ratio is (3:4:3), and goodwill is (₹600000). Who gains?
Class 12 · Accountancy · Expert
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