Match List I with List II

LIST I	LIST II
A. Loss on Revaluation	I. Credited to old partners in old ratio
B. Profit on Revaluation	II. Debited to profit and loss suspense A/C
C. Premium brought by new partner	III. Credited to old partners in sacrificing ratio
D. On the death of a partner, profit till the date of death is Rs. 2,000	IV. Debited to old partners in the old ratio

Choose the correct answer from the options given below:

The ratio in which the old partners agree to give their share of profit in favor of the incoming partner is called:

Identify the factor affecting value of goodwill highlighted in the following statement

"The monopoly condition or limited competition enables the concern to earn high profits which leads to higher value of goodwill."

Required capitals of all partners is:

Arrange the sequence of following important adjustments which require attention at the time of admission of a new partner.

(A) Valuation and adjustment of goodwill

(B) Balance sheet of Reconstituted firm

(C) Adjustment of partners' capital

(D) New profit sharing ratio and Sacrificing ratio

Choose the correct answer from the options given below:

Amrita and Pritam are partners in a firm sharing profits in the ratio of 3:2. They admitted Manya as a new partner for 1/3rd share. The new profit sharing ratio between Amrita and Pritam will be 1:1. Calculate their sacrificing ratio.

Which of the following is not one of the method of valuation of goodwill?