Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy
→If the estimated total capital is equal to the actual total capital, what will be the value of hidden goodwill?
Class 12 · Accountancy
→A firm’s estimated total capital is ₹1,80,000 and its actual total capital is ₹1,55,000. What is the firm’s hidden goodwill?
Class 12 · Accountancy
→A new partner brings ₹70,000 capital for a \(1/4\) share in the firm. Assuming the capital is contributed in proportion to the profit-sharing ratio, what is the estimated total capital of the firm?
Class 12 · Accountancy
→A new partner brings (₹30000) capital for (1/5) share. What will be the estimated total capital?
Class 12 · Accountancy
→When can hidden goodwill be calculated?
Class 12 · Accountancy
→Capitalised value of business is (₹300000) and actual capital is (₹260000). What will be goodwill?
Class 12 · Accountancy
→Under capitalization method, goodwill can be calculated from which difference?
Class 12 · Accountancy
→What is used to calculate normal profit?
Class 12 · Accountancy
→The average profit is ₹52,000, the normal profit is ₹40,000, and the years’ purchase is 2. What will be the goodwill of the firm?
Class 12 · Accountancy
→Super profit is (₹18000) and years' purchase is (3). What will be the goodwill?
Class 12 · Accountancy
→The average profit of a firm is ₹58,000 and its normal profit is ₹46,000. What will be its super profit?
Class 12 · Accountancy
→If the average profit is ₹16,000 and the years’ purchase is 4, what will be the total goodwill under the average profit method?
Class 12 · Accountancy
→The average profit is ₹30,000 and the number of years’ purchase is 2. A new partner is admitted for a 1/3 share in the firm. What is the new partner’s share of goodwill?
Class 12 · Accountancy
→If the average profit is ₹22,000 and the number of years’ purchase is 3, what will be the value of goodwill under the average profit method?
Class 12 · Accountancy
→What is the effect on old partners' capital accounts while writing off old goodwill?
Class 12 · Accountancy
→In the entry for writing off old goodwill, on which side does Goodwill Account appear?
Class 12 · Accountancy
→On the admission of a new partner, goodwill already appearing in the books at ₹36,000 is written off in the old partners’ old ratio of 2:1. What amount will be debited to the second partner’s capital account?
Class 12 · Accountancy
→At the time of reconstitution, goodwill of ₹25,000 recorded in the books is to be written off in the old ratio of 4:1. What amount will be debited to the first partner’s capital account?
Class 12 · Accountancy
→At the time of admission of a new partner, in which ratio is the old goodwill already appearing in the books written off?
Class 12 · Accountancy
→