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Class 12 · Accountancy

A and B share profits in (7:5). C gets (1/6) share and the new ratio is (4:3:1). What will be the sacrificing ratio?

Class 12 · Accountancy

A B and C's new ratio is (6:9:5) and C's share came only from A. C's required goodwill is ₹30000. Who will be credited?

Class 12 · Accountancy

A and B share in (11:9). C is admitted for (1/4) share and takes the whole share only from A. What will be the new profit sharing ratio?

Class 12 · Accountancy

In goodwill valuation under capitalization method what happens to goodwill if normal rate of return increases while average profit and actual capital remain the same?

Class 12 · Accountancy

In the above type of situation C's share is (1/5) and total goodwill is ₹100000. If only A sacrifices how much goodwill will A receive?

Class 12 · Accountancy

A and B were in (4:1). C is admitted and new ratio becomes (2:2:1). Goodwill is ₹100000. Which old partner will receive compensation from C?

Class 12 · Accountancy

If sacrificing ratio is given and old ratio is also given which ratio is primary for goodwill distribution?

Class 12 · Accountancy

What is the most important difference between writing off old goodwill and adjusting new goodwill?

Class 12 · Accountancy

The new profit-sharing ratio of A, B and C is 9:6:5. C is the new partner, and the ₹75,000 goodwill brought by C represents the goodwill for his share. What is the total goodwill of the firm?

Class 12 · Accountancy

If C is admitted to the firm for a 1/5 share and the firm's total goodwill is ₹2,50,000, but C brings only ₹40,000 as goodwill, what will be the deficiency in goodwill?

Class 12 · Accountancy

Goodwill amount is retained in business. After crediting old partners their capitals increase. This is the result of what?

Class 12 · Accountancy

A and B's capitals before admission are ₹180000 and ₹120000. C brings ₹140000 capital for (1/4) share. What is hidden goodwill?

Class 12 · Accountancy

If a new partner brings more than his required goodwill how is the excess amount generally treated?

Class 12 · Accountancy

Goodwill is ₹200000 and C is admitted for (1/10) share. If C brings ₹25000 goodwill what is the correct meaning of the excess amount?

Class 12 · Accountancy

In a similar situation, the old profit-sharing ratio of A and B is 6:4. The new partner C’s share is 1/5, and the sacrificing ratio of A and B is 3:2. If C brings goodwill of ₹25,000, how much of it will A receive?

Class 12 · Accountancy

A and B share in (6:4). C is admitted for (1/5) share. C takes his share from A and B in (3:2). What will be the final new ratio?

Class 12 · Accountancy

When should revaluation account not be used for goodwill adjustment on admission?

Class 12 · Accountancy

If average profit is lower than normal profit what is the correct conclusion about goodwill under super profit method?

Class 12 · Accountancy

Under capitalization of super profit method super profit is ₹45000 and normal return is (15%). What is goodwill?

Class 12 · Accountancy

A and B share profits in the old ratio of 8:7. C is admitted for a 1/5 share, which is sacrificed equally by A and B. What will be B’s share in the new profit-sharing ratio?