How the goodwill is valued under the Capitalisation of Super Profit method? Post category:Accountancy Reading time:1 mins read SOLUTION Goodwill = Super Profit x 100 / Normal Rate of Return Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostEnumerate two main steps involved in valuing the goodwill according to super profit method. Next PostState the ratio in which the partners share profits or losses on revaluation of assets and liabilities, when there is a change in profit sharing ratio amongst existing partners? You Might Also Like For which share of goodwill a partner is entitled at the time of his retirement? September 27, 2022 On 1st April 2017, Sunrise Limited issued 5,000, 8% debentures of Rs. 100 each at a discount of 5%. What will be the total amount of interest for the year ending 31st March 2018? September 29, 2022 Authorized capital of Suhani Ltd. is Rs. 45,00,000 divided into 30,000 shares of Rs. 150 each. Out of these company issued 15,000 shares of Rs. 150 each at a premium of Rs. 10 per share. the amount was payable as follows:Rs. 50 per share on application, Rs. 40 per share on allotment (including premium),Rs. 30 per share on first call and balance on final call Public applied for 14,000 shares. All the money was duly received. Prepare an extract of Balance Sheet of Suhani Ltd. as per Schedule III, Part I of the companies Act, 2013 disclosing the above information. Also prepare ‘Notes to Accounts ‘ for the same. July 13, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
On 1st April 2017, Sunrise Limited issued 5,000, 8% debentures of Rs. 100 each at a discount of 5%. What will be the total amount of interest for the year ending 31st March 2018? September 29, 2022
Authorized capital of Suhani Ltd. is Rs. 45,00,000 divided into 30,000 shares of Rs. 150 each. Out of these company issued 15,000 shares of Rs. 150 each at a premium of Rs. 10 per share. the amount was payable as follows:Rs. 50 per share on application, Rs. 40 per share on allotment (including premium),Rs. 30 per share on first call and balance on final call Public applied for 14,000 shares. All the money was duly received. Prepare an extract of Balance Sheet of Suhani Ltd. as per Schedule III, Part I of the companies Act, 2013 disclosing the above information. Also prepare ‘Notes to Accounts ‘ for the same. July 13, 2022