Admission of a ...

At the time of admission when goodwill account is not being opened in the books of account, credit is given to the old partner in what ratio? 

A and B are partners with capitals of Rs.20,000 and Rs.40,000 respectively and sharing profits equally. They admitted C as their third partner for one-fourth share for all-purpose on payment of Rs.24,000. The amount of hidden goodwill is ________. 

ABC Associates has decided to value the goodwill of the firm using capitalisation method. Find the goodwill of the firm if capital employed of the firm is $$Rs.24,00,000$$. Reasonable return on capital is $$12.5$$% and current years profit is $$Rs.8,00,000$$.

X and Y are two partners in  firm having share capital of Rs.10,000 and Rs.15,000 respectively. Z is admitted for 1/3 share of profit for which he is to bring Rs.15,000 for his share of capital. What is the goodwill of the firm?

A, B & C are partners sharing profits in the ratio 2:2:1. On retirement of B, goodwill was valued as $$Rs.60,000$$. Find the contribution of A and C to compensate B. 

R, J & D are the partners sharing profits in the ratio $$7 : 5 : 4$$. D died on $$30$$th June $$2015$$. It was decided to value the good will on the basis of $$3$$ year's purchase of last $$5$$ years average profits. If the profits are $$Rs.29,600$$; $$Rs.28,700$$; $$Rs.28,900$$; $$Rs.24,000$$ & $$Rs.26,800$$. What will be D's share of good will?

In which of the following case the need for the valuation of goodwill in a firm may arise?
(I) Admission of new partner
(II) While changing profit sharing ratio
(III) Retirement of partner
(IV) Death of partner
Select the correct answer from the options given below-

Increase in liability at the time of retirement of partner is _______.

R, J & D are the partners sharing profits in the ratio $$7 : 5 : 4$$. D died on $$30$$th June $$2015$$. Profit for the accounting year $$2014-2015$$ was $$Rs.24,000$$. How much share in profits for the period $$1st$$ April, $$2015$$ to $$30$$th June, $$2015$$ will be credited to D's A/c?

A, B & C sharing profits & losses in the ratio of 3:2:1. A retired and Goodwill of the firm is to be valued at Rs. 24,000. What will be the treatment for goodwill?