Using the information given in above case study, Nimisha's sacrifice of goodwill will be : Option 1: Rs. 12,000 Option 2: Rs. 24,000 Option 3: Rs. 36,000 Option 4: Rs. 48,000

The answer is 'Rs. 36,000'. View full solution:

CUET Accountancy - Using the information given in above case study, Nimisha's sacrifice of goodwill will be : | PYQs + Solutions

CUET Accountancy 2023 11 June Shift 3

Partnership

Easy

Rs. 12,000

Rs. 24,000

Rs. 36,000

Rs. 48,000

✅ Correct Option: 3

Related questions:

28 May Shift 1

Shweta, Shreya and Shaniya were partners sharing profits in the ratio of 3 : 2 : 1. Shaniya retired from the firm and her capital, after making adjustments for reserves and gain of revaluation amounted to Rs. 4,50,000. Shaniya took 25% of the furniture, accepted bill of exchange for Rs. 52,000. Finally Rs. 2,75,000 was transferred to her loan account. The total value of furniture was :

3 June Shift 1

In the absence of any information regarding the acquisition of a share in profit of the retiring/deceased partner by the remaining partners, it is assumed that they will acquire his/her share:

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In the absence of any information, it is assumed that the remaining partners acquire the share of profit of the retiring/deceased partner in:

CUET Accountancy 2023 11 June Shift 3 PYQs

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