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Class 12 · Accountancy
→Average profit is (₹100000). It has already been reduced by abnormal loss of (₹15000). Years' purchase is (2). What is the correct goodwill?
Class 12 · Accountancy
→Old partners share in (5:3). A new partner takes (1/4) share. If the first partner sacrifices (1/8), what is the second partner's sacrifice?
Class 12 · Accountancy
→Three old partners share profits in the ratio 2:3:5. A new partner acquires a 1/5 share by taking it only from the first and third partners in the ratio 1:4. If the premium for goodwill is ₹50,000, how much of the premium will be received by the third old partner?
Class 12 · Accountancy
→A and B share profits and losses in the ratio 4:1. C is admitted for a 1/5 share, and the new ratio of the old partners becomes 3:1. If C brings ₹25,000 as goodwill premium, who will receive the premium?
Class 12 · Accountancy
→A and B share in (3:2). C takes (1/5) share. C's goodwill is (₹20000) and he does not bring cash. If sacrificing ratio is (1:1), how much will A and B be credited?
Class 12 · Accountancy
→Old goodwill of (₹30000) appears in books and new goodwill is valued at (₹90000). If the question does not ask to open Goodwill Account, what is the first step?
Class 12 · Accountancy
→Before admission, goodwill of (₹60000) appears in books. Old partners share in (3:2:1). How much will be debited to the third partner on writing it off?
Class 12 · Accountancy
→Total goodwill is (₹200000). The new partner takes (3/10) share but brings only (₹40000) in cash. What is the goodwill not brought and to be adjusted?
Class 12 · Accountancy
→If premium for goodwill is ₹48,000 and the sacrificing ratio is 1:2:5, how much will the second partner receive?
Class 12 · Accountancy
→A and B share profits in the ratio 2:1. C is admitted to the firm for a 1/4 share. If A’s new share is 1/2, what is B’s sacrificing share?
Class 12 · Accountancy
→Old partners' ratio was (3:2) and new ratio is (2:2:1). Premium for goodwill is (₹25000). In which ratio will the premium be distributed?
Class 12 · Accountancy
→Old partners' ratio was (7:5) and new ratio is (4:3:2). Total goodwill is (₹90000). What is the sacrificing ratio?
Class 12 · Accountancy
→Firm's goodwill is (₹80000). A new partner takes (1/4) share. Sacrificing ratio is (3:1). If he does not bring cash, what amount will be debited to the new partner's account?
Class 12 · Accountancy
→A new partner does not bring goodwill of ₹30,000 in cash. The old partners’ sacrificing ratio is 1:2:3. In the adjustment entry, how much will be credited to the third old partner’s account?
Class 12 · Accountancy
→The goodwill of a firm is valued at ₹1,20,000. A new partner acquires a /6 share in profits and brings ₹12,000 in cash for goodwill. The old partners sacrifice their shares in the ratio 3:2. How much of the goodwill premium brought in cash will be credited to the second old partner?
Class 12 · Accountancy
→A new partner brings (₹24000) goodwill in cash. Old partners' sacrificing ratio is (5:3). If the first partner withdraws his full amount, by how much will Bank be credited?
Class 12 · Accountancy
→A new partner brings ₹36,000 in cash as premium for goodwill. The old partners withdraw 50% of this premium in cash. What will be the net increase in the bank balance?
Class 12 · Accountancy
→A new partner brings (₹60000) capital for (1/5) share. Adjusted capital of old partners is (₹250000). What will be hidden goodwill?
Class 12 · Accountancy
→A new partner takes (1/4) share. His capital is (₹80000). Old partners' total actual capital is (₹210000). What is hidden goodwill?
Class 12 · Accountancy
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