Match List - I with List - II.

List - I	List - II
(A) Profits of firm after admission of partner	(I) Sacrificing Ratio
(B) Goodwill brought in by new partner	(II) Old Ratio
(C) Profit on revaluation	(III) Gaining Ratio
(D) Retiring Partner's Share of Goodwill	(IV) New Ratio

Choose the correct answer from the options given below :

Sometimes the value of Goodwill is not given at the time of admission/retirement of a partner. In such a situation, it has to be inferred from capital and profit sharing ratio. such Goodwill is called

A, B and C are partners in a firm. If D is admitted as a new partner, what will be its affect?

At the time a new partner is admitted, revaluation of assets and liabilities is made for the:

If the premium for goodwill is paid to the old partners directly / privately by the new partner, what journal entry will be recorded in the books of Partnership Firm :-

Ankita and Anjali share profits in the ratio of 3:2. Anshu is admitted into partnership for 1/4 share. The new profit sharing ratio is 9:6:5. What will be the sacrificing ratio of Ankita and Anjali?

Usha and Disha are partners sharing profits in the ratio of 2:1. Usha's son Ashish was admitted for 1/4th share of which 1/8th was gifted by Usha to her son and the remaining was contributed by Disha. The goodwill of the firm is valued at Rs. 40,000. How much of the premium for goodwill will be credited to the old partners' capital account in case of admission of Ashish.