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Class 12 · Accountancy
→Goodwill is (₹500000). Retiring partner's share is (1/5) and continuing partners gain in (3:2). How much will the first continuing partner be debited?
Class 12 · Accountancy
→A, B and C share profits in (5:3:2). B retires. A and C will share future profits in (3:2). What is the gaining ratio?
Class 12 · Accountancy
→A, B and C share profits in (4:3:2). C retires. A and B will share future profits in (5:4). What is the gaining ratio?
Class 12 · Accountancy
→Old goodwill of (₹96000) appears in books. A, B and C share profits in (3:2:1). How much will B be debited on writing it off before admission of a new partner?
Class 12 · Accountancy
→C brings capital (₹200000) for (1/4) share. Adjusted capital of old partners is (₹520000). What is hidden goodwill?
Class 12 · Accountancy
→C brings capital (₹180000) for (1/5) share. A and B's adjusted capitals are (₹450000) and (₹270000). What is hidden goodwill?
Class 12 · Accountancy
→Firm's goodwill is (₹300000). New partner takes (1/6) share and brings only (₹30000) cash goodwill. How much will be debited to new partner's account for the balance goodwill?
Class 12 · Accountancy
→A and B's old ratio is (5:3). C is admitted for (1/5) share which A alone sacrifices. What will be the new ratio?
Class 12 · Accountancy
→A and B share profits in (3:2). C is admitted for (1/4) share. A sacrifices (1/8) and B sacrifices (1/8). Goodwill is (₹240000). How much will A be credited?
Class 12 · Accountancy
→The purchase price of a business is ₹12,50,000. Its assets are ₹15,00,000 and outside liabilities are ₹4,00,000. What is the purchased goodwill?
Class 12 · Accountancy
→Average profit is (₹200000). In future there will be additional salary (₹30000) per year and rent saving (₹10000) per year. What is future maintainable profit?
Class 12 · Accountancy
→Profits are ₹90,000, ₹1,20,000, ₹1,50,000 and ₹1,80,000, with weights 1:2:3:4. What is the weighted average profit?
Class 12 · Accountancy
→The super profit is ₹54,000 and the normal rate of return is 18%. What is the value of goodwill using the capitalization of super profit method?
Class 12 · Accountancy
→The capital employed is ₹16,00,000, the average profit is ₹2,40,000, and the normal rate of return is 13%. What is the super profit?
Class 12 · Accountancy
→The adjusted average profit is ₹1,50,000, the normal rate of return is 12%, and the actual capital employed is ₹9,50,000. What is the value of goodwill using the capitalization of average profit method?
Class 12 · Accountancy
→Profits are (₹180000), (₹220000), (₹260000). First year had abnormal loss (₹40000) and third year had abnormal profit (₹30000). What is adjusted average profit?
Class 12 · Accountancy
→New partner C takes one fifth share and total goodwill is valued at rupees three lakh. What will be C's goodwill premium?
Class 12 · Accountancy
→A and B share profits in old ratio seven ratio five and new ratio two ratio one. Who will sacrifice in goodwill adjustment?
Class 12 · Accountancy
→If average profit is rupees two lakh seventy thousand including abnormal gain of rupees forty thousand and normal profit is rupees one lakh fifty thousand what is super profit?
Class 12 · Accountancy
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