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Class 12 · Accountancy

How is an abnormal gain treated while calculating average profit for goodwill valuation?

Class 12 · Accountancy

How is an abnormal loss treated while calculating average profit for goodwill valuation?

Class 12 · Accountancy

In capitalization of average profit method what is deducted from capitalized value?

Class 12 · Accountancy

When is the weighted average profit method considered more suitable?

Class 12 · Accountancy

If average profit is two lakh rupees and normal profit is one lakh twenty thousand rupees and purchase years are three then what is goodwill?

Class 12 · Accountancy

In the super profit method which base is most appropriate for calculating super profit?

Class 12 · Accountancy

Under the weighted average method, the total weighted profit is ₹7,80,000 and the total weight is 12. What is the weighted average profit?

Class 12 · Accountancy

Under the capitalization method, if the normal rate of return increases while all other things remain the same, what happens to goodwill?

Class 12 · Accountancy

What does years purchase mean in goodwill valuation?

Class 12 · Accountancy

When is internal adjustment of goodwill made?

Class 12 · Accountancy

A new partner brings a goodwill premium of ₹40,000 in cash. The old partners withdraw ₹25,000 from it. How much cash will remain in the firm?

Class 12 · Accountancy

A and B share profits in (3:2). C is admitted for (1/5) share and only B sacrifices. Who will receive the goodwill premium?

Class 12 · Accountancy

Why is future maintainable profit used in goodwill valuation?

Class 12 · Accountancy

At the time of acquiring a business, its net assets are valued at ₹7,00,000 and the purchase price is ₹8,50,000. What is the value of purchased goodwill?

Class 12 · Accountancy

A firm has total assets of ₹8,40,000 and outside liabilities of ₹2,60,000. What is its capital employed?

Class 12 · Accountancy

Why are outside liabilities deducted from total assets to calculate capital employed?

Class 12 · Accountancy

What is the usual effect of poor customer service on a business’s goodwill?

Class 12 · Accountancy

How does a firm's well known brand identity affect goodwill?

Class 12 · Accountancy

If average profit is (₹60000) and normal profit is (₹76000), what will be the super profit?

Class 12 · Accountancy

Which method needs capital employed and normal rate to calculate normal profit?