Match List-I with List-II

List-I	List-II
(A). Admission of a New Partner	(I). Realisation Account
(B). Retirement of a Partner	(II). Sacrificing Ratio
(C). Dissolution of Partnership	(III). Executors Account
(D). Death of A Partner	(IV). Revaluation of Assets and Liabilities

Choose the correct answer from the options given below:

When matching partnership events with their corresponding accounting treatments:

(A) Admission of a New Partner → (II) Sacrificing Ratio

When a new partner joins, the existing partners sacrifice a portion of their profit share in favor of the incoming partner. This sacrifice is calculated using the Sacrificing Ratio, which determines how much goodwill compensation each existing partner should receive.

Sacrificing Ratio = Old Ratio - New Ratio

(B) Retirement of a Partner → (IV) Revaluation of Assets and Liabilities

At the time of retirement, assets and liabilities must be revalued to reflect their current values. This ensures the retiring partner receives their fair share of any accumulated profits or losses. The gains or losses from revaluation are distributed among all partners (including the retiring partner) in their old profit-sharing ratio.

(C) Dissolution of Partnership → (I) Realisation Account

When the partnership firm is dissolved, all assets are sold and liabilities are paid off. The Realisation Account is prepared to record the sale of assets, payment of liabilities, and calculation of profit or loss on dissolution. This profit/loss is then distributed among partners in their profit-sharing ratio.

(D) Death of a Partner → (III) Executors Account

When a partner dies, their legal representatives (executors or heirs) need to be paid the deceased partner's dues. An Executor's Account is opened to record all amounts payable to the deceased partner's estate, including capital, share of goodwill, accumulated profits, and salary/interest due.

Correct matching: (A)-(II), (B)-(IV), (C)-(I), (D)-(III)