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Class 12 · Accountancy
→If an exam question clearly gives a method for goodwill what should the student do?
Class 12 · Accountancy
→Which statement shows the correct understanding of goodwill?
Class 12 · Accountancy
→If the firm's brand name is registered and famous in the market how can it affect goodwill?
Class 12 · Accountancy
→In which situation would it be more prudent to value goodwill lower?
Class 12 · Accountancy
→If average profit is rupees two lakh twenty thousand and future insurance expense will decrease by rupees twenty thousand what is adjusted profit?
Class 12 · Accountancy
→If average profit is rupees seven lakh and it includes rent income of rupees fifty thousand that will stop in future what is adjusted profit?
Class 12 · Accountancy
→If a non trading asset is included in capital while calculating normal profit what may happen to super profit?
Class 12 · Accountancy
→If income from non trading investment is included in goodwill valuation what error occurs?
Class 12 · Accountancy
→If the question says goodwill is not to be retained in books which entry should be avoided?
Class 12 · Accountancy
→If a sacrificing partner is given less credit which principle is violated in goodwill adjustment?
Class 12 · Accountancy
→When a new partner brings goodwill in cash on admission, among which partners is this amount generally distributed?
Class 12 · Accountancy
→If A's share changes from one third to one fourth on change in profit ratio what is the conclusion for A?
Class 12 · Accountancy
→If total goodwill is rupees five lakh and the deceased partner's old share was one fourth how much will his representative receive for goodwill?
Class 12 · Accountancy
→If the retiring partner’s share of goodwill is ₹1,20,000 and the continuing partners’ gaining ratio is 5:3, what amount of goodwill will be borne by the second continuing partner?
Class 12 · Accountancy
→If goodwill premium is rupees eighty four thousand and sacrificing ratio is two ratio five what is the share of the second old partner?
Class 12 · Accountancy
→If old partners withdraw only sixty percent of goodwill premium what happens to the remaining forty percent?
Class 12 · Accountancy
→If the new partner brings goodwill in cash and the amount is retained in the firm on what basis will old partners' capital accounts be credited?
Class 12 · Accountancy
→If the new partner privately pays goodwill only to A because only A sacrificed what entry will be passed in firm's books?
Class 12 · Accountancy
→If existing goodwill in books is not written off before admission what main problem arises in new goodwill adjustment?
Class 12 · Accountancy
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