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Class 12 · Accountancy

If goodwill account is raised in the books what will be the nature of goodwill account?

Class 12 · Accountancy

If the firm's earning depends only on one partner's personal skill what risk exists in goodwill valuation?

Class 12 · Accountancy

If a firm has a long term profitable government contract what effect may it have on goodwill?

Class 12 · Accountancy

If a firm is going to shift location and customers may reduce at the new place what care is needed in goodwill valuation?

Class 12 · Accountancy

If a firm's goodwill is mainly based on customer list and service quality which factor does it show?

Class 12 · Accountancy

If past profit includes gain on sale of an old building why will it be removed in goodwill valuation?

Class 12 · Accountancy

If weighted total of profits is rupees twenty seven lakh and total weights are nine what is the weighted average profit?

Class 12 · Accountancy

If the most recent year is given the lowest weight while profits are rising what will be the result?

Class 12 · Accountancy

If last four profits are rupees one lakh fifty thousand two lakh two lakh fifty thousand and three lakh and profits are rising fast which average method is better?

Class 12 · Accountancy

If super profit remains same but capitalization rate falls from twenty percent to ten percent what will happen to goodwill?

Class 12 · Accountancy

If normal rate of return falls while average profit and capital employed remain same what happens to normal profit?

Class 12 · Accountancy

If actual return rate is lower than normal rate what does it indicate under super profit method?

Class 12 · Accountancy

If average profit is rupees eight lakh and capital is rupees fifty lakh what is the actual rate of return?

Class 12 · Accountancy

In case of death of a partner to which account is his share of goodwill credited?

Class 12 · Accountancy

On which side is the retiring partner's share of goodwill recorded in continuing partners' capital accounts?

Class 12 · Accountancy

At retirement the continuing partners' old ratio was four ratio three and they took the retiring partner's share equally. What will be the gaining ratio?

Class 12 · Accountancy

If inferred total capital is rupees twelve lakh and actual total capital is rupees fourteen lakh what is the correct conclusion about hidden goodwill?

Class 12 · Accountancy

In hidden goodwill new partner's capital is rupees two lakh and his share is one fifth. Old partners' total capital is rupees seven lakh. What is hidden goodwill?

Class 12 · Accountancy

If goodwill premium is credited to old partners in old ratio instead of sacrificing ratio what error occurs?

Class 12 · Accountancy

If a new partner brings only half of his goodwill premium in cash what is the usual accounting treatment of the remaining half?