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Class 12 · Accountancy

Super profit is (₹40000) and years purchase is (2.5). What is goodwill?

Class 12 · Accountancy

The average profit is ₹1,20,000, capital employed is ₹8,00,000, and the normal rate of return is 12%. What is the super profit?

Class 12 · Accountancy

Super profit is (₹25000) and goodwill is valued at (4) years purchase. What is goodwill?

Class 12 · Accountancy

Capital employed is (₹500000) and normal rate of return is (10%). What is normal profit?

Class 12 · Accountancy

Average profit is (₹90000) and normal profit is (₹60000). What is super profit?

Class 12 · Accountancy

What is the correct meaning of super profit?

Class 12 · Accountancy

Profits are ₹30,000, ₹40,000 and ₹50,000, and the weights are 1:2:3. What is the weighted average profit?

Class 12 · Accountancy

Why are more recent years given higher weight in weighted average profit method?

Class 12 · Accountancy

If the average profit is ₹70,000 and goodwill is valued at 3 years’ purchase, what will be the value of goodwill?

Class 12 · Accountancy

Profits for three years are (₹40000), (₹50000) and (₹60000). What is average profit under average profit method?

Class 12 · Accountancy

When can purchased goodwill be recorded in the partnership firm's books?

Class 12 · Accountancy

Why is self generated goodwill generally not shown in books?

Class 12 · Accountancy

Which of the following factors can increase goodwill?

Class 12 · Accountancy

When does goodwill generally arise?

Class 12 · Accountancy

Goodwill is treated as which type of asset?

Class 12 · Accountancy

What is the main meaning of goodwill in a partnership firm?

Class 12 · Accountancy

What should be identified first in a goodwill question?

Class 12 · Accountancy

Instead of unnecessarily keeping goodwill account in books adjustment can be made through what?

Class 12 · Accountancy

A retired and gaining ratio of B C is 1:3. Goodwill adjustment is ₹40000. How much burden will C bear?

Class 12 · Accountancy

A and B have a sacrificing ratio of 3:2. On the admission of new partner C, C brings ₹50,000 as goodwill in cash. How much of the goodwill will B receive according to the sacrificing ratio?