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Class 12 · Accountancy
→Purchase price of a business is (₹1850000). Assets are (₹2400000), outside liabilities are (₹700000), and accumulated loss is (₹50000). What is purchased goodwill?
Class 12 · Accountancy
→Capital employed is (₹2200000), average profit is (₹330000), and normal rate of return is (11%). What is goodwill at (3) years purchase of super profit?
Class 12 · Accountancy
→The super profit is ₹72,000 and the normal rate of return is 16%. What is the value of goodwill under the capitalisation of super profit method?
Class 12 · Accountancy
→The average profit is ₹2,16,000, the normal rate of return is 12%, and the actual capital employed is ₹15,00,000. What is the goodwill of the firm by the capitalization of average profit method?
Class 12 · Accountancy
→Profits are ₹1,20,000, ₹1,50,000, ₹2,10,000 and ₹2,60,000, with weights 1:2:3:4. What is the weighted average profit?
Class 12 · Accountancy
→Profits are (₹210000), (₹240000), (₹310000). First year had abnormal profit (₹30000) and second year had abnormal loss (₹20000). Future managerial salary of (₹15000) per year will be paid. What is future maintainable profit?
Class 12 · Accountancy
→On admission goodwill is (₹480000). New partner takes (1/6) share. He brings (₹50000) cash and balance is adjusted through capital account. What total amount will be credited to old partners?
Class 12 · Accountancy
→Profits are (₹80000), (₹100000), (₹140000), (₹200000). There is a clear rising trend. Which method may be more suitable for goodwill valuation?
Class 12 · Accountancy
→The average profit is ₹1,75,000 and the normal profit is ₹1,25,000. Under the capitalisation of super profit method, the normal rate of return is 10%. What is the goodwill of the firm?
Class 12 · Accountancy
→If goodwill account is raised and then written off in new ratio the net effect is equal to what?
Class 12 · Accountancy
→Which statement is correct when a new partner does not bring goodwill in cash?
Class 12 · Accountancy
→Goodwill is (₹300000). In new ratio (4:5:3), C's share is (3/12) and sacrificing ratio is (4:11). How much will A be credited?
Class 12 · Accountancy
→A and B share profits in (2:3). C is admitted and new ratio is (4:5:3). What is sacrificing ratio?
Class 12 · Accountancy
→A and B share profits in (2:3). C is admitted and new ratio is (4:5:3). Who sacrifices?
Class 12 · Accountancy
→Goodwill is (₹420000). New partner takes (1/7) share and does not bring goodwill in cash. Old partners' sacrificing ratio is (3:2). How much will the second old partner be credited?
Class 12 · Accountancy
→If goodwill already appears in books at (₹200000) and new value is (₹350000), what is the correct treatment of old goodwill account before admission?
Class 12 · Accountancy
→On death of a partner goodwill is (₹600000). Deceased partner's share is (2/15). Continuing partners gain in (7:3). How much will the first continuing partner be debited?
Class 12 · Accountancy
→Firm's goodwill is (₹250000). C is admitted for (1/5) share. A and B's sacrificing ratio is (4:1). How much will B be credited?
Class 12 · Accountancy
→A and B share profits in (4:1). C is admitted for (1/5) share. A and B each give (1/10) of their own shares to C. What is sacrificing ratio?
Class 12 · Accountancy
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