Question 26 Chapter 3 of Class 12 Part – 1 Usha Publication 26. (Capitalisation of S.P./S.P. Method) A business has earned average profits of ₹ 1,00,000 during the last few years and the normal rate of return in similar business Read More …
Question 25 Chapter 3 of Class 12 Part – 1 Usha Publication 25. (Average Profits Method/When profits are given) B and C agree to value goodwill at three years purchase of the average profits of the last five years for Read More …
Question 24 Chapter 3 of Class 12 Part – 1 Usha Publication 24. (Calculation of Super Profits and Average Profits when Goodwill and Total Assets are given) Ludhiana Garments has total assets (excluding goodwill) of ₹ 1,87,500, including cash of Read More …
Question 23 Chapter 3 of Class 12 Part – 1 Usha Publication 4. M, P and Q are partners in 2 : 1 : 3 ratio. Their profits for the last three years were 35,000 in 2017 ;₹ 30,000 in Read More …
Question 22 Chapter 3 of Class 12 Part – 1 Usha Publication 22. (Super Profit Method) A partnership firm earned net profit during the last three years as follows : Advertisement Video Tag: Year N/P 2008 1,90,000 2009 2,20,000 2010 Read More …
Question 21 Chapter 3 of Class 12 Part – 1 Usha Publication 21. The average net profit expected in future by Ram Lal & Co. are ₹ 60,000 per year. The average capital employed in the business by firm 5,00,000. Read More …
Question 20 Chapter 3 of Class 12 Part – 1 Usha Publication 20. (Super Profit/Capitalisation method) A firm earns a profit of Rs.5,000 per year. The average capital employed in the business by the firm is Rs.25,000. The normal rate Read More …
Question 19 Chapter 3 of Class 12 Part – 1 Usha Publication 18. (Avg Profit/ Super Profit/Capitalisation method) The following information relates to a partnership firm: Advertisement Video Tag: a. Profits for the last six years:- 2013: Rs.18,000(loss); 2014: Rs.30,000; Read More …
Question 18 Chapter 3 of Class 12 Part – 1 Usha Publication 18. (Capitalisation of super profit) The assets of a firm are Rs.26,000 and liabilities other than capital are Rs.6,000. The normal rate of profit in this type of Read More …
Question 17 Chapter 3 of +2-Part-1 17. (Capitalisation Method) The average net profits expected in future by Ram Gopal and Sons are Rs.25,000 per year. The average capital employed in the business by the firm is Rs.1,80,000. The normal rate Read More …