Admission of a ...

In case, revaluation account is not prepared, the assets & liabilities appears in the books of a reconstituted firm at their _______. 

Opening Capital $$=$$Rs. $$5,00,000$$
Profits during the year $$=$$Rs. $$1,00,000$$
Calculate the Average Capital of the year.

Total Capital Employed in the firm Rs. 16,00,000.
Reasonable Rate of Return 15%.
Profits for the year Rs. 24,00,000.
The value of goodwill using capitalization method is _________. 

A firm has an average profit of Rs 60,000. Rate of return on capital employed is 12.5% p.a. Total capital employed is Rs 4,00,000. Goodwill is to be calculated on the basis of two years purchase of super profit. Find the amount of goodwill?

The profits and losses for the last 4 years are Losses Rs. 20,000; Losses Rs. 5,000; Profits Rs. 1,96,000 & Profits Rs. 1,52,000.The average capital employed in the business is Rs. 4,00,000. The rate of interest expected from capital invested is 12%. The remuneration of partners is estimated to be Rs. 2,000 per month. The value of goodwill from two years' purchase of super profits based on the average of four years is __________. 

The profits for Year I are Rs 4,000; for Year ll is Rs.52,200, and for Year lll is Rs. 62,400. Closing stock for Year ll and Year lll includes the defective items of Rs. 4,400 and Rs. 12,400 respectively which were considered as having market value NIL. The value of goodwill on average profit method is ________. 

The following particulars are available in respect of the business carried on by a partnership firm:
Trading Results:
Year I             Loss         Rs. 10,000
Year Il            Loss         Rs. 12,000
Year Ill           Profit        Rs. 1,50,000
Year IV          Profit        Rs. 1,20,000
The value of goodwill on the basis of 5 years purchase of the average profit of the business is _________. 

X and Y are partners in a firm with the capital of Rs. 18,000 and Rs. 20,000. Z was admitted with 1/3rd share of profit and brings Rs. 24,000 as capital, calculate the amount of goodwill.

The profits and losses for the last years are:  l year Losses Rs.20,000; ll year Losses Rs. 5,000; lll year profits Rs.1,96,000 & IV year profits Rs. 1,52,000. The average capital employed in the business is Rs. 4,00,000. The rate of interest expected from capital invested is 12%. The remuneration of partners is estimated to be Rs, 2,000 per month. The value of goodwill by four years purchase of super profits based on the annuity of the four years. ( Take discounting rate as 10%) is ________.

A firm earned the net profit during the last 3 years as follow:

2001	Rs. 15,000
2002	Rs. 20,000
2003	Rs. 25,000

The capital investment in the firm is rs 1,00,000. Having regard to the risk involved 15% is the fair return on basis of 2 years purchase of average Super profit earned during 3 years is: