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Class 12 · Accountancy
→The profits of a partnership firm for the last three years were ₹24,000, ₹36,000, and ₹48,000, respectively. What is the average profit?
Class 12 · Accountancy
→What is the general formula of goodwill under average profit method?
Class 12 · Accountancy
→What effect does consistently providing good service have on a firm's goodwill?
Class 12 · Accountancy
→Which of the following factors helps in increasing the goodwill of a partnership firm?
Class 12 · Accountancy
→Which of the following types of goodwill is generally recorded in the books of account?
Class 12 · Accountancy
→Goodwill is considered which category of asset?
Class 12 · Accountancy
→What is the simplest meaning of goodwill?
Class 12 · Accountancy
→Which profit should be taken as the base first in goodwill valuation?
Class 12 · Accountancy
→Under the weighted average profit method, the total weighted profit is ₹5,40,000 and the total weight is 9. What is the weighted average profit?
Class 12 · Accountancy
→Goodwill is (₹360000) and deceased partner's old share is (1/9). How much will be credited to his executor's account?
Class 12 · Accountancy
→Why is treatment of a partner's share of goodwill on death similar to retirement?
Class 12 · Accountancy
→A new partner brings goodwill in cash and old partners immediately withdraw it. What is the final effect on bank?
Class 12 · Accountancy
→If a new partner privately pays goodwill premium to old partners, what happens in firm's books?
Class 12 · Accountancy
→What is the extra price paid while purchasing a business called?
Class 12 · Accountancy
→If total assets are ₹7,00,000 and outside liabilities are ₹1,80,000, what will be the capital employed?
Class 12 · Accountancy
→What is meant by capital employed in goodwill valuation?
Class 12 · Accountancy
→Which of the following factors can reduce a firm's goodwill?
Class 12 · Accountancy
→Stable customer base and good brand name affect what?
Class 12 · Accountancy
→If average profit is (₹50000) and normal profit is (₹65000), what is the usual conclusion about goodwill?
Class 12 · Accountancy
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