Question 33 to 38 (Capitalisation of super profit)

33 :- Average profit of a firm during the last few years is Rs 1,50,000. In similar business, the normal rate of return is 10% of the capital employed. Calculate…

Accountancy Class 12 General

Rohit and Hardik are partners sharing profits and losses equally

37 :- Rohit and Hardik are partners sharing profits and losses equally. They decided to admit Surya as a partner for 1/3 share. For this purpose, the goodwill of the…

Accountancy Class 12 General

A business has earned average profit of Rs 8,00,000

36 :- A business has earned average profit of Rs 8,00,000 during the last few year and the normal rate of return in similar business is 10%. Find value of…

Accountancy Class 12 General

Rajan and Rajini are partners in a firm

35 :- Rajan and Rajini are partners in a firm. Their capitals were Rajan Rs 3,00,000: Rajini Rs 2,00,000. During the year ended 31st March, 2024, the firm earned a profit of Rs…

Accountancy Class 12 General

Raja brothers earn an average profits of Rs 30,000

34 :- Raja brothers earn an average profits of Rs 30,000 with a capital of Rs 2,00,000. The normal rate of return in the business is 10%. Using capitalization of…

Accountancy Class 12 General

Average profit of a firm during the last few years

33 :- Average profit of a firm during the last few years is Rs 1,50,000. In similar business, the normal rate of return is 10% of the capital employed. Calculate…

Accountancy Class 12 General

A business has earned an average profit of Rs 4,00,000

30 :- A business has earned an average profit of Rs 4,00,000 during the last few years and the normal rate of return in a similar business is 10%. Find the…

Accountancy Class 12 General

Question 29 to 32 (Capitalisation Method)

29 :- From the following particulars, calculate the value of goodwill of a firm by Capitalisation of average profit method :- (i) Profits of last five consecutive years ending 31st march are :-2025 –…

Accountancy Class 12 General

From the following particulars, calculate the value of goodwill

Accountancy Class 12 General

Puneet and Tarun are in a restaurant business having

28 :- Puneet and Tarun are in a restaurant business having credit balances in their fixed capital accounts as Rs 2,50,000 each. They have credit balances in their current accounts…