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Class 12 · Accountancy

Old ratio is (4:5) and new ratio is (3:4:2). What is the sacrificing ratio?

Class 12 · Accountancy

In goodwill adjustment on admission, if an old partner gains and does not sacrifice, what is the correct conclusion?

Class 12 · Accountancy

Total goodwill of the firm is (₹270000). A new partner takes (1/9) share. Sacrificing ratio is (2:3:4). How much will the third old partner be credited?

Class 12 · Accountancy

New partner's capital is (₹150000) and his share is (3/10). Old partners' total capital is (₹320000). What will be hidden goodwill?

Class 12 · Accountancy

A new partner brings (₹85000) capital for (1/5) share. Old partners' capitals are (₹190000) and (₹200000). What is hidden goodwill?

Class 12 · Accountancy

A and B share the profits of a firm in the ratio 8:2. On the admission of new partner C, a goodwill premium of ₹50,000 is received. A and B share this premium in their sacrificing ratio of 3:2. How much will B receive from the premium?

Class 12 · Accountancy

Average profit is (₹160000), normal profit is (₹124000), and years' purchase is (3). A new partner takes (1/9) share. What is his goodwill?

Class 12 · Accountancy

Capital is (₹900000) and normal rate of return is (8%). Average profit is (₹110000). What is goodwill at (3) years' purchase of super profit?

Class 12 · Accountancy

Weighted average profit is (₹84000) and years' purchase is (2.5). The new partner takes (1/5) share. What is his premium?

Class 12 · Accountancy

The profits for four years are ₹60,000, ₹75,000, ₹85,000 and ₹1,00,000, respectively. What will be the firm’s goodwill at three years’ purchase under the average profit method?

Class 12 · Accountancy

Average profit is (₹125000). It has already been reduced by abnormal loss of (₹25000). Years' purchase is (2). What is the correct goodwill?

Class 12 · Accountancy

Old partners share in (9:6). A new partner takes (1/5) share. If the first partner sacrifices (2/15), what is the second partner's sacrifice?

Class 12 · Accountancy

Three old partners share profits in the ratio 4:2:4. A new partner acquires a 1/5 share only from the first and third partners in the ratio 1:3. If the premium for goodwill is ₹80,000, how much will the third partner receive?

Class 12 · Accountancy

A and B share profits and losses in the ratio of 6:1. C is admitted for a 1/7 share, and the new ratio of the old partners becomes 5:1. C brings ₹35,000 as goodwill premium. To whom will this premium be credited?

Class 12 · Accountancy

A and B share in (7:5). C's goodwill is (₹48000) and he does not bring cash. If sacrificing ratio is (5:7), how much will A and B be credited?

Class 12 · Accountancy

Old goodwill of (₹64000) appears in books and new goodwill is valued at (₹200000). If the question does not ask to open Goodwill Account, what is the correct treatment?

Class 12 · Accountancy

Before admission, goodwill of (₹90000) appears in books. Old partners share in (5:3:2). How much will be debited to the third partner on writing it off?

Class 12 · Accountancy

Total goodwill is (₹300000). The new partner takes (1/6) share but brings only (₹32000) in cash. What is the goodwill not brought?

Class 12 · Accountancy

If the premium for goodwill is ₹72,000 and the sacrificing ratio is 2:3:4, how much will the third partner receive?

Class 12 · Accountancy

A and B share profits in the ratio 4:3. C is admitted for a 1/7 share of profits. After reconstitution, A's share becomes 1/2. What is B's sacrifice?