Skip to main content
Super TutorResources
Chapter 10 of 15
Formula Sheet

Admission Of Partner — Formula Sheet

Telangana Open School (TOSS) · Class 12 · Accountancy

6 formulas from Admission Of Partner (Telangana Open School (TOSS) Class 12 Accountancy) on one page, grouped by topic.

48 questions20 flashcards6 formulas & key relations5 concepts

Interactive on Super Tutor

Studying Admission Of Partner? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for formula sheet and more.

Try Super Tutor — Free

Free trial, no card needed.

6 Entries · 2 Sections

Formulas and Key Relations

New Profit Sharing Ratio & Sacrificing Ratio

Sacrificing Ratio = Old Ratio - New Ratio

New Share = Old Share × Remaining Profit Share

Goodwill: Meaning and Valuation

Goodwill = Average Profit × Number of Years Purchase

Super Profit = Actual Profit - Normal Profit

Goodwill = Super Profit × Number of Years Purchase

Capitalised Value = Average Profit × 100 / Normal Rate of Return

Full sheet with units and worked examples

View All

Frequently Asked Questions

What are the important topics in Admission Of Partner for Telangana Open School (TOSS) Class 12 Accountancy?
Key topics in Admission Of Partner include Meaning and Implications of Admission, New Profit Sharing Ratio and Sacrificing Ratio, Goodwill: Meaning, Factors, and Valuation, Accounting Treatment of Goodwill. Study these first, then practise questions on each for the Telangana Open School (TOSS) Class 12 board exam.
How many formulas are in Admission Of Partner?
This sheet lists 6 formulas from Admission Of Partner, grouped by topic. Learn what each symbol stands for so you can apply the formula, not just recall it.
How should I revise Admission Of Partner for the Telangana Open School (TOSS) Class 12 board exam?
Learn the core ideas first, then work through the 48 practice questions on Admission Of Partner. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Admission Of Partner

All Telangana Open School (TOSS) Class 12 Accountancy Formula Sheet

For serious students

Get the full Admission Of Partner chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for Telangana Open School (TOSS) Class 12 Accountancy. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free