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 a. Profits for the last six years:- 2013: Rs.18,000(loss); 2014: Rs.30,000; 2015: Rs.25,000; 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 …
Question 16 Chapter 3 of Class 12 Part – 1 Usha Publication 16. (Capitalisation Method) A firm earns Rs.1,00,000 as its annual profits, the rate of normal profits being 10%. The assets of the firm amount to Rs.5,00,000 and the Read More …
Question 15 Chapter 3 of Class 12 Part – 1 Usha Publication 15. (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 Read More …
Question 14 Chapter 3 of Class 12 Part – 1 Usha Publication 14. (Super Profit Method) Calculate goodwill at two years purchase of super-profits. Advertisement Normal rate of return-10%. Assets: Machinery Rs.2,00,000; Building Rs.3,00,000; Stock Rs.70,000; Debtors Rs.25,000; Provision for Read More …
Question 13 Chapter 3 of Class 12 Part – 1 Usha Publication 13. (Super Profit Method) X and Y have capital of Rs.1,00,000 and Rs.60,000.The reserve are Rs.50,000 and creditors are Rs.10,000. Normal rate of return expected in this type Read More …
Question 12 Chapter 3 of Class 12 Part – 1 Usha Publication 12. (Super Profit Method) A firm has total assets of Rs.2,50,000 including cash of Rs.30,000.The creditors are Rs.40,000. Normal rate of return is 10% on capital employed. Goodwill Read More …
Question 11 Chapter 3 of Class 12 Part – 1 Usha Publication 11. (Super Profit Method) A firm earned net profit during the last five years as follows: (i) Rs.7,000; (ii) Rs.6,500; (iii) Rs.8,000; (iv) Rs.7,500; (v) Rs.6,000. The capital Read More …
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