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Class 12 · Accountancy · Expert
→New partner brings capital (₹150000) which equals his (1/6) share. Adjusted capital of old partners is (₹650000). What is hidden goodwill?
Class 12 · Accountancy · Expert
→A and B share profits in (4:1). C is admitted and new ratio is (2:2:1). Goodwill is (₹250000). What is B's net effect?
Class 12 · Accountancy · Expert
→A and B share profits in the ratio 4:1. When C is admitted as a partner, the new profit-sharing ratio becomes 2:2:1. What is A’s sacrificing ratio?
Class 12 · Accountancy · Expert
→Profits are (₹100000), (₹160000), (₹220000). Second year had abnormal loss (₹20000) and third year had non recurring income (₹40000). What is adjusted average profit?
Class 12 · Accountancy · Expert
→If goodwill account is raised and immediately written off in new ratio, what will be the final balance of goodwill account?
Class 12 · Accountancy · Expert
→On death of a partner in goodwill adjustment, on what basis is the deceased partner credited and continuing partners debited?
Class 12 · Accountancy · Expert
→A, B and C share profits in (6:3:1). C retires and A and B keep new ratio (2:1). What is gaining ratio?
Class 12 · Accountancy · Expert
→Goodwill is (₹500000). New partner takes (1/5) share and brings (₹70000) cash. Balance will be adjusted through capital account. What total amount will old partners be credited?
Class 12 · Accountancy · Expert
→Firm's goodwill is (₹360000). A new partner is admitted for (1/6) share. Sacrificing ratio is (3:2:1). How much will the third old partner be credited?
Class 12 · Accountancy · Expert
→A and B share profits in (5:3). C is admitted and new ratio is (2:2:1). Goodwill is (₹400000). What is B's net effect?
Class 12 · Accountancy · Expert
→A and B share profits in (5:3). C is admitted and new ratio is (2:2:1). What is the sacrificing ratio?
Class 12 · Accountancy · Expert
→Average profit is (₹140000), normal rate is (10%), and actual capital is (₹1600000). What is the conclusion under capitalization of average profit method?
Class 12 · Accountancy · Expert
→The average profit is ₹2,75,000, the normal profit is ₹2,05,000, and the normal rate of return is 14%. What is the value of goodwill under the capitalization of super profit method?
Class 12 · Accountancy · Expert
→Profits are (₹160000), (₹190000), (₹260000), (₹310000). Last year includes abnormal profit (₹50000) and weights are (1:2:3:4). What is weighted average adjusted profit?
Class 12 · Accountancy · Expert
→The old profit-sharing ratio of three partners is 4:3:1 and the new profit-sharing ratio is 3:3:2. The firm's goodwill is ₹4,00,000. By what amount will the third partner's capital account be debited for the internal adjustment?
Class 12 · Accountancy · Expert
→Old ratio is (4:3:1), new ratio is (3:3:2), and goodwill is (₹400000). Who gains?
Class 12 · Accountancy · Expert
→Goodwill account is raised at (₹240000). Old ratio is (3:1) and new ratio is (1:1). What is B's net effect after writing off goodwill?
Class 12 · Accountancy · Expert
→A and B's old ratio is (6:5) and new ratio is (3:2). Goodwill is (₹330000). How much will the sacrificing partner be credited?
Class 12 · Accountancy · Expert
→A and B's old profit-sharing ratio is 5:4 and their new profit-sharing ratio is 2:1. Due to the change in ratio, which partner gains and by how much?
Class 12 · Accountancy · Expert
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