CUET-UG SERIES Accountancy
Goodwill
3 previous year questions.
Volume: 3 Ques
Yield: Medium
High-Yield Trend
3
2023 Chapter Questions 3 MCQs
01
PYQ 2023
easy
accountancy ID: cuet-ug-
P, Q and R are Partners sharing Profits and losses equally. R retires and Goodwill is appearing in the books at ₹ 30,000. Goodwll of the firm is valued at ₹ 1,50,000. Calculate the net amount to be credited to R's Capital A/c for adjustment of goodwill:
1
₹ 60,000
2
₹ 50,000
3
₹ 40,000
4
₹ 10,000
02
PYQ 2023
medium
accountancy ID: cuet-ug-
Identify the correct sequence to be followed at the time of Death of Partner :
A. Calculation of gaining Ratio.
B. Treatment of goodwill
C. Calculation of new Profit Ratio
D. Calculation of Amount transferred to Decreased Partner's Executor
E. Preparation of deceased Partner Capital Account
Choose the correct answer from the options given below :
A. Calculation of gaining Ratio.
B. Treatment of goodwill
C. Calculation of new Profit Ratio
D. Calculation of Amount transferred to Decreased Partner's Executor
E. Preparation of deceased Partner Capital Account
Choose the correct answer from the options given below :
1
C, D, E, A, B
2
A, D, B, C, E
3
C, A, B, E, D
4
E, A, B, C, D
03
PYQ 2023
medium
accountancy ID: cuet-ug-
The sum due to the retiring Partners includes :-
A. Share of remaining partners goodwill.
B. Credit balance of his capital Account.
C. His share of accumulated profits.
D. His share of Goodwill.
E. Cash brought in by remaining partners for adjustment of capital.
Choose the correct answer from the options given below :
A. Share of remaining partners goodwill.
B. Credit balance of his capital Account.
C. His share of accumulated profits.
D. His share of Goodwill.
E. Cash brought in by remaining partners for adjustment of capital.
Choose the correct answer from the options given below :
1
A, C and E only
2
B, C and D only
3
A, B and E only
4
A, B and C only
About Goodwill - CUET-UG
Goodwill is a vital chapter for CUET-UG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
Why focus on Goodwill PYQs?
Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.
How to best use this analysis?
Review the topic breakdown to see which sub-topics within Goodwill carry the most weight. Then, tackle the questions iteratively to solidify your understanding.