Match the following with regard to partnership

List I	List II
A. When a new partner joins the partnership	I. Compulsory dissolution
B. When an existing partner leaves the partnership	II. Admission of a partner
C. When the business of firm becomes illegal	III. Prepared in the case of death of a partner
D. Executor's Account	IV. Retirement of a Partner

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Calculate manager's commission at 10% on Net profit, if the Divisible profit of a firm is Rs. 10,000, salary to partners is Rs. 3000 and Interest on drawings is Rs. 2000.

Identify which of the following is not related to the concept of "MUTUAL AGENCY"?

Which of the following are charges against profits?

(A) Rent paid to partners

(B) Interest on loan, paid to partners

(C) Interest on Capital

(D) Manager's commission

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Varun, Vansh and Vinay are partners sharing profits in the ratio of 5:3:2. They decided to share future profits in the ratio of 2:3:5. What will be the accounting treatment of Workmen Compensation Reserve existing in the balance sheet on that date when further information is not available?

The clauses of partnership deed can be altered with the consent of:

The content of Partnership deed includes:

A. Name and address of all partners

B. Method of settlement of disputes among partners

C. Deed once made cannot be altered

D. Rules regarding operation of Bank account

E. Verbal agreement between partners is considered as deed

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