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Class 12 · Accountancy
→A and B’s old profit-sharing ratio is 8:7 and their new profit-sharing ratio is 3:2. The firm’s goodwill is ₹450000. What amount will be credited to the sacrificing partner’s account for goodwill?
Class 12 · Accountancy
→A and B’s old profit-sharing ratio is 8:7 and their new profit-sharing ratio is 3:2. Due to this change, which partner sacrifices and what is the amount of sacrifice?
Class 12 · Accountancy
→Deceased partner's goodwill share is (₹96000). Continuing partners' gaining ratio is (7:5). How much will the first continuing partner be debited?
Class 12 · Accountancy
→A, B and C share profits in the ratio of 3:5:2. C dies, and the firm's goodwill is valued at ₹7,50,000. What amount will be credited to C's Executor’s Account for goodwill?
Class 12 · Accountancy
→Retiring partner's share of goodwill is (₹180000). Continuing partners' gaining ratio is (1:2). How much will the second continuing partner be debited?
Class 12 · Accountancy
→A, B and C share profits in the ratio of 4:3:2. On B’s retirement, A and C agree to share future profits in the ratio of 5:4. The firm’s goodwill is ₹540000. What amount will be credited to B’s Capital Account for goodwill?
Class 12 · Accountancy
→A, B and C share profits in the ratio 4:3:2. After B retires, A and C share future profits in the ratio 5:4. What is the gaining ratio of A and C?
Class 12 · Accountancy
→Total capital based on new partner's capital is (₹1500000). Adjusted capital of old partners is (₹1030000) and new partner's capital is (₹220000). What is hidden goodwill?
Class 12 · Accountancy
→C brings capital (₹300000) for (1/6) share. Adjusted capital of old partners is (₹1450000). What is hidden goodwill?
Class 12 · Accountancy
→Firm's goodwill is (₹560000). C's new share is (2/8) and old partners' sacrificing ratio is (11:3). How much will A be credited?
Class 12 · Accountancy
→A and B share profits in (4:3). C is admitted and new ratio is (3:3:2). Goodwill is (₹560000). What is B's net effect?
Class 12 · Accountancy
→A and B share profits in (4:3). C is admitted for (1/5) share and new ratio is (3:3:2). Who sacrifices?
Class 12 · Accountancy
→Purchase price of a business is (₹2200000). Total assets are (₹2800000), outside liabilities are (₹850000), and preliminary expenses to be written off are (₹50000). What is purchased goodwill?
Class 12 · Accountancy
→Super profit is (₹50000) and annuity factor for (5) years is (3.79). What is goodwill by annuity method?
Class 12 · Accountancy
→The super profit is ₹84,000 and the normal rate of return is 21%. What is the value of the firm’s goodwill using the capitalisation of super profit method?
Class 12 · Accountancy
→Capital employed is (₹2400000), average profit is (₹348000), and normal rate is (12%). What is goodwill at (4) years purchase of super profit?
Class 12 · Accountancy
→The average profit is ₹2,52,000, the normal rate of return is 14%, and the actual capital employed is ₹15,00,000. What is the value of goodwill by the capitalization of average profit method?
Class 12 · Accountancy
→Profits are ₹150000, ₹210000, ₹270000 and ₹330000, and the weights are 1:2:3:5. What is weighted average profit?
Class 12 · Accountancy
→Profits are (₹240000), (₹280000), (₹320000). Second year had abnormal loss (₹30000) and third year had abnormal profit (₹20000). Future annual expense will increase by (₹24000). What is future maintainable profit?
Class 12 · Accountancy
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