Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy
→If old partners sacrifice equally, how will the premium for goodwill be distributed?
Class 12 · Accountancy
→If sacrificing ratio is not given and the new partner's share is taken from old partners in old ratio, in which ratio will premium be distributed?
Class 12 · Accountancy
→The total goodwill of the firm is ₹50,000, and the new profit-sharing ratio after reconstitution is 2:2:1. What is the value of the new partner’s share of goodwill?
Class 12 · Accountancy
→Old partners share in (3:2) and the new ratio is (2:2:1). What is the new partner's share?
Class 12 · Accountancy
→Why are old partners credited in goodwill adjustment?
Class 12 · Accountancy
→Why may the new partner be debited in goodwill adjustment?
Class 12 · Accountancy
→In which situation may hidden goodwill be treated as zero?
Class 12 · Accountancy
→In hidden goodwill calculation, if estimated total capital is ₹300,000 and actual total capital is ₹260,000, what is goodwill?
Class 12 · Accountancy
→A new partner brings ₹40,000 as capital for a 1/5 share in the firm. If capital is contributed in proportion to the profit-sharing share, what is the estimated total capital of the firm?
Class 12 · Accountancy
→A new partner brings (₹50000) capital for (1/4) share. What will be the estimated total capital of the firm?
Class 12 · Accountancy
→When is hidden goodwill usually calculated?
Class 12 · Accountancy
→If a new partner does not bring goodwill separately and brings it included in capital, when may explicit goodwill adjustment be needed?
Class 12 · Accountancy
→When premium for goodwill is partly brought in cash, the cash part is debited to which account?
Class 12 · Accountancy
→A new partner is admitted for a share in a firm. The firm’s total goodwill is ₹1,00,000. If the new partner brings only ₹12,000 in cash as goodwill premium, what amount of the remaining premium will be adjusted?
Class 12 · Accountancy
→A new partner takes (1/4) share and total goodwill of the firm is (₹80000). If he brings the full premium in cash, how much amount will come into Bank?
Class 12 · Accountancy
→On the admission of a new partner, ₹20,000 is brought in cash as premium for goodwill. If the sacrificing ratio of the two old partners is 1:1, how much will each old partner receive?
Class 12 · Accountancy
→Under capitalization method, goodwill is linked with which idea?
Class 12 · Accountancy
→The average profit is ₹40,000, the normal profit is ₹30,000, and the number of years’ purchase is 3. What is the goodwill of the firm under the super profit method?
Class 12 · Accountancy
→Super profit is ₹10,000 and years' purchase is 2. What will be the goodwill?
Class 12 · Accountancy
→