Arrange the following steps in sequence, related to calculation of goodwill by capitalisation of super profits method.

(A) Calculate super profits.

(B) Multiply the super profits by the required rate of return multiplier

(C) Calculate capital of the firm, which is equal to total assets (excluding goodwill and fictitious assets) minus outside liabilities.

(D) Calculate normal profits on capital employed and average profits for past years,

Choose the correct answer from the options given below:

Under which Section & Act, the Central Government is empowered to prescribe a maximum number of partners in a partnership firm?

Which of the following is the feature of fluctuating capital:

If the partnership deed is silent, at what rate, the interest would be charged on the drawings made by the partner:

"The business of a partnership concern may be carried on by all the partners or any one of them acting for all", indicate which feature of the partnership?

Match the following with regard to partnership

Choose the correct answer from the options given below:

Radha and Rani are partners in a firm. Their capital accounts as on April 01, 2024 showed a balance of Rs. 2,00,000 and Rs. 3,00,000 respectively. On July 01, 2024, Radha introduced additional capital of Rs. 50,000. On October 01, Radha withdrew Rs. 30,000, from her capital. Interest is allowed @ 8% p.a. Calculate the interest payable to Radha on her capital during the financial year 2024–2025.