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Class 12 · Accountancy

Old partners' ratio was (5:2) and the new ratio is (4:2:1). Premium for goodwill is (₹35000). Who will receive the premium?

Class 12 · Accountancy

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

Class 12 · Accountancy

Firm's goodwill is (₹88000). A new partner takes (3/11) share. He does not bring cash. What amount will be debited to the new partner's account?

Class 12 · Accountancy

The new partner does not bring goodwill in cash. His goodwill is ₹56,000 and the sacrificing ratio is 3:2:3. How much will be credited to the third old partner?

Class 12 · Accountancy

Goodwill is (₹240000). The new partner takes (1/8) share and brings only (₹18000) in cash. Sacrificing ratio is (1:2). How much total will be credited to the second old partner?

Class 12 · Accountancy

A new partner brings (₹45000) goodwill in cash. Sacrificing ratio is (4:5). If the second partner withdraws his full amount, by how much will Bank be credited?

Class 12 · Accountancy

Premium for goodwill (₹60000) is brought in cash. Sacrificing ratio is (2:3) and old partners withdraw (40%) of premium. What net increase will remain in Bank?

Class 12 · Accountancy

A new partner brings (₹110000) capital for (1/3) share. Adjusted capital of old partners is (₹230000). What will be hidden goodwill?

Class 12 · Accountancy

A new partner takes (1/4) share. His capital is (₹90000). Old partners' total actual capital is (₹250000). What is hidden goodwill?

Class 12 · Accountancy

Old partners share in (8:4:3). The new ratio is (7:4:3:1). Premium for goodwill is (₹30000). Which old partner will receive the full premium?

Class 12 · Accountancy

A and B's old ratio is (7:3). The new ratio is (4:2:1). Total goodwill is (₹140000). How much will be credited to A in goodwill adjustment?

Class 12 · Accountancy

The super profit is ₹36,000 and the normal rate of return is 12%. What will be the firm’s goodwill under the capitalization of super profit method?

Class 12 · Accountancy

The average profit of a firm is ₹1,05,000, its normal rate of return is 15%, and its actual capital is ₹6,20,000. What is the goodwill under the capitalization of average profit method?

Class 12 · Accountancy

Super profit is (₹28000) and years' purchase is (5). The new partner takes (1/7) share. What will be his premium for goodwill?

Class 12 · Accountancy

The average profit is ₹1,30,000, capital employed is ₹8,00,000, and the normal rate of return is 10%. What is the super profit?

Class 12 · Accountancy

Profits of the last three years are (₹50000), (₹70000), (₹90000) and weights are (1:2:3). What is goodwill at two years' purchase by weighted average profit method?

Class 12 · Accountancy

A firm's average profit is ₹96,000, including an abnormal profit of ₹16,000. If goodwill is valued at 3 years' purchase of average profit, what is the correct value of goodwill?

Class 12 · Accountancy

A new partner takes (1/7) share. Total goodwill is (₹210000) and he brings only (₹18000) in cash. How much goodwill balance will be adjusted?

Class 12 · Accountancy

Goodwill of (₹54000) appears in books. Old partners share in (4:3:2). On writing it off before admission, how much will be debited to the second partner?

Class 12 · Accountancy

A and B share in (2:3). C takes (1/5) share in the old ratio. Total goodwill is (₹125000). How much will B receive from premium?