Admission of a ...

________ is the difference between actual profit and normal profit.

Average profit method is based on the assumption that _____________.

If normal profit is $$Rs.50000$$, average profit is $$Rs.75000$$ than calculate Goodwill for $$2$$ years of purchase under super profit method_______.

Under which of the following method Goodwill account is raised in the books of accounts.

Which of the following method is followed when incoming partner brings his share of Goodwill in cash___________.

Debit Balance in Revaluation Account is __________.

Which of the following are the modes of Reconstitution for a firm?

Suppose partner A dies after 3 month from the date of B/s admission ,his share in profits was 1/4.
it was decided to calculate his share of profits till death on last years profit Rs. 10000.
calculate profit share of deceased partner share of profit till the date of death.

When a new partner is admitted or old partner retires or dies the, firm undergoes _______.

If Partnership deed is absent than the amount due to Retiring partner is settled as under ______________ .