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2025 – 26

Home » 2025 - 26 » Page 6
Posted inAccountancy Class 12 General

Question 25 to 28 (Capitalisation Method)

 25 :-  From the following information, calculate value of goodwill of the firm by applying Capitalisation methodTotal capital of the firm Rs 16,00,000Normal rate of return 10%Profit for the year Rs…
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Posted inAccountancy Class 12 General

Question 22 to 24 (Super Profit Method when Past Adjustments are Made)

22 :-  Average profit earned by a firm is Rs 1,00,000 which includes undervaluation of stock of Rs 40,000 on an average basis. The capital invested in a business is…
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Posted inAccountancy Class 12 General

Question 17 to 21 (Calculation of Average Profit, Normal Rate of Return and Capital Employed)

 17 :-  On 1st April, 2025, an existing firm had assets of Rs 75,000 including cash of Rs 5,000. Its creditor amounted to Rs 5,000 on that date. The firm had…
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Posted inAccountancy Class 12 General

Question 10 to 16 (Super Profit Method)

10 :-  The Capital of the firm of Anuj and Benu is Rs 10,00,000 and the market rate of interest is 15%. The annual salary of the partners is Rs 60,000 each.…
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Posted inAccountancy Class 12 General

Question 8 to 9 (Weighted Average Profit Method)

8 :- Profits of a firm for the year ended 31st March for the last five years were Calculate the value of goodwill on the basis of three years’ purchase…
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Posted inAccountancy Class 12 General

Question 4 to 7 (Average Profit Method when Past Adjustments are made)

4 :- Asin and Shreyas were partners sharing profits and losses in the ratio of 2 : 1. They admitted Shyam as a partner for 1/5th share in profits. For…
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Posted inAccountancy Class 12 General

Question 1 to 3 (Average Profit Method)

TS Grewal Solutions - Goodwill : Nature and Valuation 1 :-  Goodwill is to be valued at three years’ purchase of four years’ average profit. Profits of the firm for…
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Posted inAccountancy Class 12 General

TS Grewal Volume 1 Solutions (2025 – 26) Chapter 2 – Goodwill : Nature and Valuation

Question 1 to 3 (Average Profit Method)Question 4 to 7 (Average Profit Method when Past Adjustments are made)Question 8 to 9 (Weighted Average Profit Method) Question 10 to 16 (Super…
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Posted inAccountancy Class 12 Fundamental of Partnership

Question 73 to 75 (Adjustments for incorrect appropriations in the past)

73 :- On 31st March 2023, the capitals of Raghav and Diya stood at Rs 4,00,000 and Rs 3,00,000 respectively after the necessary adjustments in respect of drawings and net…
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Posted inAccountancy Class 12 Fundamental of Partnership

Question 90 to 91 (Minimum earnings guaranteed by a partner)

TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 90 :-  Three Chartered Accountants Abhijit, Baljit, and Charanjit form a partnership, profits being shared in the…
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