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Class 12 · Accountancy
→Average profit is (₹140000), normal rate is (10%), and actual capital is (₹1600000). What is the conclusion under capitalization of average profit method?
Class 12 · Accountancy
→The average profit is ₹2,75,000, the normal profit is ₹2,05,000, and the normal rate of return is 14%. What is the value of goodwill under the capitalization of super profit method?
Class 12 · Accountancy
→Profits are (₹160000), (₹190000), (₹260000), (₹310000). Last year includes abnormal profit (₹50000) and weights are (1:2:3:4). What is weighted average adjusted profit?
Class 12 · Accountancy
→The old profit-sharing ratio of three partners is 4:3:1 and the new profit-sharing ratio is 3:3:2. The firm's goodwill is ₹4,00,000. By what amount will the third partner's capital account be debited for the internal adjustment?
Class 12 · Accountancy
→Old ratio is (4:3:1), new ratio is (3:3:2), and goodwill is (₹400000). Who gains?
Class 12 · Accountancy
→Goodwill account is raised at (₹240000). Old ratio is (3:1) and new ratio is (1:1). What is B's net effect after writing off goodwill?
Class 12 · Accountancy
→A and B's old ratio is (6:5) and new ratio is (3:2). Goodwill is (₹330000). How much will the sacrificing partner be credited?
Class 12 · Accountancy
→A and B's old profit-sharing ratio is 5:4 and their new profit-sharing ratio is 2:1. Due to the change in ratio, which partner gains and by how much?
Class 12 · Accountancy
→On death of a partner goodwill is (₹720000). Deceased partner's share is (1/6). Continuing partners gain in (5:1). How much will the first continuing partner be debited?
Class 12 · Accountancy
→A, B and C share profits in the ratio 4:4:2. C dies, and the firm's goodwill is valued at ₹5,00,000. What amount will be credited to C's Executor's Account for goodwill?
Class 12 · Accountancy
→Goodwill is (₹600000). Retiring partner's share is (1/4) and continuing partners gain in (2:3). How much will the second continuing partner be debited?
Class 12 · Accountancy
→A, B and C share profits in the ratio 3:2:1. B retires, and A and C adopt a new profit-sharing ratio of 4:1. The firm’s goodwill is valued at ₹3,60,000. What amount will be credited to B’s Capital Account for goodwill?
Class 12 · Accountancy
→A, B and C share profits in (5:3:2). C retires. A and B will share future profits in (7:5). What is the gaining ratio?
Class 12 · Accountancy
→New partner brings (₹120000) goodwill in cash. Old partners' sacrificing ratio is (5:4:3). How much will the second old partner be credited?
Class 12 · Accountancy
→Firm's goodwill is (₹420000). New partner takes (1/7) share and brings only (₹35000) in cash. How much balance will be debited to the new partner's account?
Class 12 · Accountancy
→Old goodwill of (₹180000) appears in books. A, B and C share profits in (4:3:2). How much will C be debited on writing it off before admission?
Class 12 · Accountancy
→C brings capital (₹180000) for (1/4) share. A and B's adjusted capitals are (₹300000) and (₹250000). What is hidden goodwill?
Class 12 · Accountancy
→C brings capital (₹250000) for (1/5) share. Adjusted capital of old partners is (₹900000). What is hidden goodwill?
Class 12 · Accountancy
→A and B's old ratio is (7:5). C is admitted for (1/6) share which B alone sacrifices. What will be the new ratio?
Class 12 · Accountancy
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