SOLVE IT
Across
- 3. S,T,M are partners in the ratio if 5:3:2. if T's share of profit at the end amounted to Rs 150000 what will be S's share of profit?
- 5. A,B,C are partners sharing profits in 7:3:2. C retires and his share was purchased by A and B by giving him (c)Rs 10,000 each from their capital accounts. what will be the value of the goodwill of the firm?
- 6. P and Q are partners in firm having a capital of Rs 15,000 each. R is admitted for 1/3rd share for which he has to bring 20,000 for his share of capital. the amount of goodwill will be?
Down
- 1. Capital invested in a firm is Rs 5,00,000.Normal rate of return is 10%. average profits of the firm are Rs 64,000 (after an abnormal loss of Rs 4,000). value of goodwill at 4 times the super profit will be?
- 2. X,Y and Z are partners in the ratio of 4 :3 :2.salary if X Rs 15,000 and to Z Rs 3,000 omitted and profit distributed for rectification, now X will be credited with?
- 4. Goodwill of a firm of A and B is valued at Rs 30,000, it is appearing i the books at Rs 12,000. C is admitted for 1/4th share. what amount he is supposed to bring for goodwill?
- 5. C a partner in a firm withdrew Rs 10000 in each quater for the year. interest on drawings @ 9% will be?