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Class 12 · Accountancy

The firm raises goodwill account at ₹150000. Old partners were in (3:2) and the new ratio is (4:3:3). What burden will fall on the new partner when it is written off?

Class 12 · Accountancy

A and B share profits in (11:7). C takes (1/6) share. C takes (1/9) from A and the balance from B. What is the sacrificing ratio?

Class 12 · Accountancy

The new partner privately paid goodwill to old partners and the firm recorded it. What is the correct correction of this mistake?

Class 12 · Accountancy

A and B are partners sharing profits in the old ratio 5:4. C is admitted to a 8/99 share in the firm. If A sacrifices 1/99 of his share, what will be B's sacrifice?

Class 12 · Accountancy

Under capitalization method average profit is ₹280000 and normal return is (14%). Actual capital is ₹1650000. What will be goodwill?

Class 12 · Accountancy

Average profit is ₹250000. Capital employed is ₹1800000 and normal return is (12%). What is goodwill by super profit method at 5 years' purchase?

Class 12 · Accountancy

A and B share in old ratio (6:5). The new ratio among A B and C is (4:5:2). Which old partner will receive goodwill compensation?

Class 12 · Accountancy

C's required goodwill is ₹70000. He brings ₹42000 in cash. The sacrificing ratio of A and B is (4:3). How much credit will A get for unbrought goodwill?

Class 12 · Accountancy

Goodwill appears in old books at ₹84000. Old partners share profits in (9:5). How much will the second partner's capital be debited when goodwill is written off?

Class 12 · Accountancy

C brings ₹90000 capital for (3/20) share. Actual total capital after admission is ₹510000. What will be the hidden goodwill?

Class 12 · Accountancy

A and B share profits in (4:3). After C's admission the new ratio is (7:5:2). What will be the sacrificing ratio?

Class 12 · Accountancy

A B and C's new ratio is (17:8:5) and C's whole share came from B. C's required goodwill is ₹55000. Who will be credited?

Class 12 · Accountancy

A and B share in (17:13). C is admitted for (1/6) share and takes the whole share only from B. What will be the new profit sharing ratio?

Class 12 · Accountancy

Under capitalization method if actual capital is more than capitalized value what is the conclusion about goodwill?

Class 12 · Accountancy

In a similar situation C's share is (1/8) and total goodwill is ₹160000. If only B sacrifices how much goodwill will B receive?

Class 12 · Accountancy

A and B were in (3:5). New ratio among A B and C is (4:3:1). Which old partner will receive goodwill compensation?

Class 12 · Accountancy

If both old ratio and new ratio are given what is the correct way to calculate sacrificing ratio?

Class 12 · Accountancy

Why is old ratio used for writing off old goodwill and sacrificing ratio used for admission goodwill distribution?

Class 12 · Accountancy

The new profit-sharing ratio of A, B and C is 8:5:2. C is the new partner, and his share of the firm's goodwill is ₹44,000. What is the total goodwill of the firm?

Class 12 · Accountancy

C is admitted to the firm for a (2/11) share. The total goodwill of the firm is ₹2,75,000, and C brings ₹42,000 towards goodwill. What is the deficiency in the goodwill premium?