Question 4 Chapter 4 of Class 12 Part – 1 Usha Publication 4. (Goodwill doesn’t exist) X, Y and Z are partners sharing profits in 5:3:2 ratio. From 1st January 2016, they decide to share profits and losses in 2:5:3 Read More …
Question 3 Chapter 4 of Class 12 Part – 1 Usha Publication 3. (NPS/ Sacrifice and Gain) A, B and C are partners in 3:7:5 ratio. They decided to change their ratio as follows. A gave 1/15 from his share Read More …
Question 2 Chapter 4 of Class 12 Part – 1 Usha Publication 2. (NPS/ Sacrifice and Gain) A, B and C are partners in 2:1:3 ratio. The new ratio will be 5:3:2. Calculate the gain or sacrifice of each partner Read More …
Question 1 Chapter 4 of Class 12 Part – 1 Usha Publication 1. (NPS/ Sacrifice and Gain) A and B were partners in a firm sharing profits in the ratio of 3:2, with effect from 1st January, they agreed to Read More …
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 Year N/P 2008 1,90,000 2009 2,20,000 2010 2,50,000 Calculate 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 …
Advertisement