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Class 12 · Accountancy
→Old goodwill of (₹120000) appears in books. A and B's old ratio is (3:1). How much will be debited to A on writing it off?
Class 12 · Accountancy
→Old goodwill of (₹90000) is appearing in books. Why is it written off before admission?
Class 12 · Accountancy
→If a new partner cannot bring goodwill amount in cash which account is generally debited?
Class 12 · Accountancy
→New partner brings goodwill (₹60000) in cash. Sacrificing ratio of old partners is (2:1). How much will the first old partner receive?
Class 12 · Accountancy
→If a new partner brings his goodwill premium in cash to whom is it credited?
Class 12 · Accountancy
→Goodwill is (₹150000). A new partner comes for (1/5) share. What is his share of goodwill?
Class 12 · Accountancy
→A and B share profits in the ratio 3:2. C is admitted for a 1/5 share of profits, which is sacrificed equally by A and B. What will be the sacrificing ratio of A and B?
Class 12 · Accountancy
→What is sacrificing ratio used for?
Class 12 · Accountancy
→Why is goodwill valued at the time of admission of a partner?
Class 12 · Accountancy
→The adjusted profits for three years are ₹65,000, ₹75,000, and ₹85,000, respectively. What is the average profit?
Class 12 · Accountancy
→Why may partners' remuneration be deducted while valuing goodwill?
Class 12 · Accountancy
→Profits are (₹80000), (₹60000), (₹70000). First year had abnormal loss of (₹15000). What is the correct first year profit for average profit?
Class 12 · Accountancy
→A firm earned profits of ₹50,000, ₹70,000 and ₹90,000 in three successive years. The profit of the second year includes an abnormal profit of ₹10,000. What will be the total profit for all three years after adjusting for the abnormal profit?
Class 12 · Accountancy
→Why is abnormal profit adjusted in valuation of goodwill?
Class 12 · Accountancy
→If average profit is less than normal profit what will be the super profit?
Class 12 · Accountancy
→The super profit is ₹30,000 and the normal rate of return is 15%. What will be the goodwill of the firm under the capitalization of super profit method?
Class 12 · Accountancy
→How is goodwill calculated under capitalization of super profit method?
Class 12 · Accountancy
→According to the capitalisation method, a firm's capitalised value is ₹9,00,000 and its actual capital employed is ₹7,50,000. What is the value of the firm's goodwill?
Class 12 · Accountancy
→The average profit is ₹1,00,000 and the normal rate of return is 10%. What is the capitalised value of the business?
Class 12 · Accountancy
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