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Class 12 · Accountancy

Old partners share in (7:5). A new partner takes (1/6) share. If the first partner sacrifices (1/12), what is the second partner's sacrifice?

Class 12 · Accountancy

Three old partners share profits in the ratio 3:4:3. A new partner acquires 1/5 of the total profit share only from the second and third partners in the ratio 1:3. If the premium for goodwill is ₹60,000, how much premium will the third partner receive?

Class 12 · Accountancy

A and B share profits in the ratio 5:1. C is admitted for a 1/6 share, and the new ratio of A and B becomes 4:1. To whom should the goodwill premium of ₹30,000 brought by C be credited?

Class 12 · Accountancy

A and B share in (5:2). C's goodwill is (₹28000) and he does not bring cash. If sacrificing ratio is (3:4), how much will A and B be credited?

Class 12 · Accountancy

Old goodwill of (₹50000) appears in books and new goodwill is valued at (₹150000). If the question does not ask to open Goodwill Account, what is the correct treatment?

Class 12 · Accountancy

Before admission, goodwill of (₹81000) appears in books. Old partners share in (4:3:2). How much will be debited to the third partner on writing it off?

Class 12 · Accountancy

Total goodwill is (₹250000). The new partner takes (1/5) share but brings only (₹35000) in cash. What is the goodwill not brought?

Class 12 · Accountancy

If premium for goodwill is ₹64,000 and the sacrificing ratio is 3:1:4, how much will the third partner receive?

Class 12 · Accountancy

A and B share profits and losses in the ratio frac{3}{5}:frac{2}{5}. C is admitted for a frac{1}{5} share in the firm. After C’s admission, A’s new share becomes frac{1}{2}. What is B’s sacrifice?

Class 12 · Accountancy

Old partners' ratio was (4:3) and the new ratio is (3:3:1). Premium for goodwill is (₹28000). Who will receive the premium?

Class 12 · Accountancy

Old partners' ratio was (8:7) and the new ratio is (5:4:3). What is the sacrificing ratio?

Class 12 · Accountancy

Firm's goodwill is (₹96000). A new partner takes (1/8) 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 ₹42,000 and the sacrificing ratio is 2:3:1. How much will be credited to the second old partner?

Class 12 · Accountancy

Goodwill is (₹150000). The new partner takes (1/5) share and brings only (₹18000) in cash. Sacrificing ratio is (2:3). How much total will be credited to the second old partner?

Class 12 · Accountancy

A new partner brings (₹36000) goodwill in cash. Sacrificing ratio is (7:5). If the second partner withdraws his full amount, by how much will Bank be credited?

Class 12 · Accountancy

Premium for goodwill of ₹48,000 is brought in cash. The sacrificing ratio is 3:1 and the old partners withdraw 25% of the premium. What net increase will remain in Bank?

Class 12 · Accountancy

A new partner brings (₹90000) capital for (1/4) share. Adjusted capital of old partners is (₹280000). What will be hidden goodwill?

Class 12 · Accountancy

A new partner takes (1/5) share. His capital is (₹70000). Old partners' total actual capital is (₹260000). What is hidden goodwill?

Class 12 · Accountancy

Old partners share in (6:3:1). The new ratio is (5:3:1:1). Premium for goodwill is (₹40000). Which old partner will receive the full premium?

Class 12 · Accountancy

A and B's old ratio is (5:3). The new ratio is (3:2:1). Total goodwill is (₹96000). How much will be credited to A in goodwill adjustment?