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Class 12 · Accountancy

What should be checked first while solving a goodwill question?

Class 12 · Accountancy

If a new partner brings ₹36,000 as goodwill and the sacrificing ratio of the old partners is 2:1, how much of the goodwill will the second old partner receive?

Class 12 · Accountancy

If capitalized value is more than actual capital what is the difference called?

Class 12 · Accountancy

How can a good business location affect its goodwill?

Class 12 · Accountancy

Due to which reason can the goodwill of a business decrease?

Class 12 · Accountancy

In the context of a partnership firm, which statement about goodwill is correct?

Class 12 · Accountancy

While determining maintainable profit for goodwill valuation, how is regular additional income expected in the future treated?

Class 12 · Accountancy

How is an expense not expected in future treated in goodwill valuation?

Class 12 · Accountancy

Profits are ₹28000 ₹32000 and ₹25000. First year includes abnormal loss of ₹4000. What will be the correct average profit?

Class 12 · Accountancy

Profits are ₹45000 ₹55000 and ₹70000. Third year includes abnormal profit of ₹10000. What will be the correct average profit?

Class 12 · Accountancy

While calculating average or maintainable profit for the valuation of goodwill, how is abnormal loss treated?

Class 12 · Accountancy

While calculating average profit for the valuation of goodwill, how is abnormal profit treated?

Class 12 · Accountancy

If a new partner cannot bring goodwill in cash how can adjustment be made?

Class 12 · Accountancy

Before admission existing goodwill appearing in books is written off in which ratio?

Class 12 · Accountancy

The deceased partner's share of goodwill is credited to which account?

Class 12 · Accountancy

B and C have a gaining ratio of 3:2. The retiring partner’s goodwill is valued at ₹75,000. What will be B’s share of this amount?

Class 12 · Accountancy

What is the correct formula of gaining ratio?

Class 12 · Accountancy

On retirement remaining partners bear goodwill in which ratio?

Class 12 · Accountancy

Who gets the benefit of goodwill on retirement?

Class 12 · Accountancy

A and B have old ratio 7:3. C gets one fifth share and A B sacrifice in old ratio. What will be the sacrificing ratio?