Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy
→The average profit is ₹2,70,000, the normal rate of return is 15%, and the actual capital is ₹15,00,000. What is the firm’s goodwill under the capitalization of average profit method?
Class 12 · Accountancy
→Profit (₹300000) includes abnormal profit (₹45000). Future expense saving will be (₹15000). What is adjusted future profit?
Class 12 · Accountancy
→If a new partner does not bring goodwill in cash and one old partner is also gaining, what happens to that gaining old partner?
Class 12 · Accountancy
→Goodwill is (₹320000). A and B's old ratio is (3:5) and new ratio is (5:3). Who will be credited and by how much?
Class 12 · Accountancy
→Retiring partner's share of goodwill is (₹135000). Continuing partners' gaining ratio is (4:5). How much will the second continuing partner be debited?
Class 12 · Accountancy
→A, B and C share profits in (2:3:5). B retires and A and C will share future profits in (1:2). What is gaining ratio?
Class 12 · Accountancy
→Goodwill is (₹900000). New partner takes (1/9) share and sacrificing ratio is (2:1). How much will the second old partner be credited?
Class 12 · Accountancy
→New partner brings capital (₹150000) which equals his (1/6) share. Adjusted capital of old partners is (₹650000). What is hidden goodwill?
Class 12 · Accountancy
→A and B share profits in (4:1). C is admitted and new ratio is (2:2:1). Goodwill is (₹250000). What is B's net effect?
Class 12 · Accountancy
→A and B share profits in the ratio 4:1. When C is admitted as a partner, the new profit-sharing ratio becomes 2:2:1. What is A’s sacrificing ratio?
Class 12 · Accountancy
→Profits are (₹100000), (₹160000), (₹220000). Second year had abnormal loss (₹20000) and third year had non recurring income (₹40000). What is adjusted average profit?
Class 12 · Accountancy
→Average profit is (₹320000). Future additional expense (₹40000) and additional income (₹25000) will arise. Normal profit is (₹250000). What is super profit?
Class 12 · Accountancy
→If goodwill account is raised and immediately written off in new ratio, what will be the final balance of goodwill account?
Class 12 · Accountancy
→On death of a partner in goodwill adjustment, on what basis is the deceased partner credited and continuing partners debited?
Class 12 · Accountancy
→A, B and C share profits in (6:3:1). C retires and A and B keep new ratio (2:1). What is gaining ratio?
Class 12 · Accountancy
→Goodwill is (₹500000). New partner takes (1/5) share and brings (₹70000) cash. Balance will be adjusted through capital account. What total amount will old partners be credited?
Class 12 · Accountancy
→If a new partner brings goodwill in cash and an old partner immediately withdraws his share, what sequence appears in the old partner's capital account?
Class 12 · Accountancy
→Firm's goodwill is (₹360000). A new partner is admitted for (1/6) share. Sacrificing ratio is (3:2:1). How much will the third old partner be credited?
Class 12 · Accountancy
→A and B share profits in (5:3). C is admitted and new ratio is (2:2:1). Goodwill is (₹400000). What is B's net effect?
Class 12 · Accountancy
→