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Class 12 · Accountancy
→A B and C have new ratio (5:3:2). If C is the new partner what is C's new share?
Class 12 · Accountancy
→If goodwill on admission is adjusted in old ratio instead of sacrificing ratio what is the main mistake?
Class 12 · Accountancy
→Why is future earning capacity important in goodwill calculation?
Class 12 · Accountancy
→If the new partner's share is (1/3) and his share of goodwill is ₹30000 what is the goodwill of the whole firm?
Class 12 · Accountancy
→A and B share profits in (3:2). C takes (1/5) share and brings ₹10000 goodwill. How much will B receive if sacrifice is in old ratio?
Class 12 · Accountancy
→When goodwill account is raised and then immediately written off in admission adjustment in which ratio may the new partner be debited?
Class 12 · Accountancy
→In the entry for writing off old goodwill appearing in books which account is credited?
Class 12 · Accountancy
→On admission of a new partner what type of asset is goodwill considered?
Class 12 · Accountancy
→If super profit is zero what will be the goodwill under super profit method?
Class 12 · Accountancy
→Super profit is ₹25000 and years' purchase is 4. What will be the goodwill?
Class 12 · Accountancy
→If the adjusted profits for three years are ₹40,000, ₹50,000 and ₹60,000 respectively, what is the average profit?
Class 12 · Accountancy
→What is done with abnormal loss while calculating average profit?
Class 12 · Accountancy
→Why is abnormal profit subtracted while calculating average profit for goodwill?
Class 12 · Accountancy
→A new partner’s share of goodwill is ₹18,000. If he brings ₹12,000 in cash against it, what remaining amount will be adjusted through his capital account?
Class 12 · Accountancy
→When a new partner is admitted, why does an old partner who makes no sacrifice in profit share not receive a share of the goodwill amount?
Class 12 · Accountancy
→In the same type of situation what is B's sacrifice when old ratio is (3:1) and new ratio is (2:1:1)?
Class 12 · Accountancy
→A and B share in old ratio (3:1). The new ratio among A B and C is (2:1:1). What is A's sacrifice?
Class 12 · Accountancy
→If the capital employed is ₹400,000 and the normal rate of return is 10%, what will be the normal profit?
Class 12 · Accountancy
→What happens to goodwill if the number of years' purchase increases while average profit remains the same?
Class 12 · Accountancy
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