CUET Accountancy - Which of the following is not a method of valuation of goodwill? | PYQs + Solutions

CUET Accountancy 2025 26 May Shift 2

Partnership

Easy

common

Average profit method

Super profits method

Capitalisation method

Average super profit capitalization method

✅ Correct Option: 4

Related questions:

CUET Accountancy 2024 Slot 1

On the date of admission of a partner there was a balance of ₹ 45,000 in the account of machinery. It was found undervalued by 10%. The value of machinery will appear in the new Balance Sheet at:

3 June Shift 1

The journal entries are as under

Incoming partners' current A/c. Dr.

To Sacrificing partners capital A/c.

What statement among the following is TRUE for the above entry?

4 June Shift 2

Arrange the steps in the correct sequence while calculating goodwill by capitalization of average profit method:

(A) Ascertain the actual firm's capital (net assets)

(B) Compute the value of goodwill

(D) Ascertain the average profits

Choose the correct answer from the options given below:

CUET Accountancy 2025 26 May Shift 2 PYQs

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