10) A ,B & C takes a joint life policy their profit sharing ratio is 2:2:1. After death of B , A & C decides to share profit equally .They had taken a Joint life policy of Rs.2,50,000 with the surrender value Rs.50,000.what will be the treatment in the partner's capital account on receiving the JLP amt if joint life policy is maintained at surrender value?
11) A ,B & C takes a joint life policy their profit sharing ratio is 2:2:1..After death of B, A & C decides to share profit equally .They had taken a Joint life policy of Rs.2,50,000 with the surrender value Rs.50,000.what will be the treatment in the partner's capital account on receiving the JLP amt if joint life policy is maintained at surrender value along with reserve
23) A ,B & C are partners sharing profit and losses in the ratio 7:5:4. C died on 30.06.2006.It was decided to value the goodwill on the basis of 3 year's purchase of last 5 years avg. profit .if the profits are Rs.53,600:Rs.57,400 ; Rs.57,800 ;Rs.48,000 & Rs.26,800.What will be C's share of goodwill ?
25) If A , B and C are partners sharing profit and losses in the ratio 5:3:2 ,.then on the death of A,how much B & C will pay to A's executer on account of goodwill .Goodwill is to be calculated on the basis of 2 year's purchase of last 3 years avg. profit .if the profits are Rs.6,58,000:Rs.6,92,000 ; Rs.8,10,000
26) A ,B & C takes a joint life policy their profit sharing ratio is 2;2:1. After death of B , A & C decides to share profit equally .They had taken a Joint life policy of Rs.5,00,000 with the surrender value Rs.1,00,000.what will be the treatment in the partner's capital account on receiving the JLP amt if joint life policy is maintained at surrender value?
27) A ,B & C takes a joint life policy their profit sharing ratio is 2;2:1..After death of B, A & C decides to share profit equally .They had taken a Joint life policy of Rs.5,00,000 with the surrender value Rs.1,00,000.what will be the treatment in the partner's capital account on receiving the JLP amt if joint life policy is maintained at surrender value along with reserve
62) R,J and D are the partners sharing profits in the ratio 7:5:4. D died on 30th june 2016. It was decided to value the goodwill on the basis of three year’s purchase of last five years average profits. If the profits are Rs.29,600; Rs.28,700; Rs.28,900; Rs.24,000 and Rs.26,800. What will be D’s share of goodwill?