Solution to Question number 28 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Puneet and Tarun are in the restaurant business having credit balances in their fixed capital accounts as ₹ 2,50,000 each. They have credit…
Solution to Question number 27 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. A and B were partners in a firm with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively, The normal rate of return was…
Solution to Question number 26 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. A firm earned an average profit of ₹ 3,00,000 during the last few years. The normal rate of return of the industry is…
Solution to Question number 25 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. From the following information, Calculate the value of the goodwill of the firm by applying Capitalisation Method. Total Capital of the firm ₹…
Solution to Question number 24 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Akshay and Amit are partners in a firm and they admit Jaspal into partnership w.e.f. 1st April 2024. They agreed to value goodwill…
Solution to Question number 23 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Average profit earned by a firm is ₹ 7,50,000 which includes overvaluation of stock of ₹ 30,000 on an average basis. The capital…
Solution to Question number 22 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Average profit earned by a firm is ₹ 1,00,000 which includes an undervaluation of stock of ₹ 40,000 on an average basis. The…
Solution to Question number 21 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. A business has earned average profit of ₹ 1,20,000 during the last four years and the normal rate of return of similar business…
Solution to Question number 20 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. A business earned an average profit of ₹ 1,80,000 during the last few years. Average capital employed by the firm is ₹ 12,50,000.…
Solution to Question number 19 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Average Profit of a firm during the last few years is ₹ 2,00,000 and the normal rate of return in a similar business…
Solution to Question number 18 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. On 1st April, 2023, a partnership firm had assets of ₹ 2,00,000 including cash of ₹ 6,000 and bank balance of ₹ 14,000.…
Solution to Question number 17 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. On 1st April 2024, an existing firm had assets of ₹ 75,000 including cash of ₹ 5,000. Its creditors amounted to ₹ 5,000…
Solution to Question number 16 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Amit and Kartik are partners sharing profits and losses equally. They decided to admit Saurabh for an equal share in the profits. For…
Solution to Question number 15 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. A partnership firm earned net profits during the last three years ended 31st March, as follows: 2022 – ₹ 17,000; 2023 – ₹…
Solution to Question number 14 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Average net profit expected in the future by XYZ firm is ₹ 36,000 per year. The average capital employed in the business by…
