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) Gaining Ratio

Choose the correct answer from the options given below:

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

When a new partner is admitted, the existing partners give up a portion of their profit-sharing ratio in favor of the incoming partner. This is calculated using the sacrificing ratio, which determines how goodwill will be compensated among existing partners.

Sacrificing Ratio = Old Ratio - New Ratio

(B) Retirement of a Partner → (IV) Gaining Ratio

When a partner retires, the remaining partners acquire the retiring partner's share. The gaining ratio determines how much each continuing partner gains and is used to adjust goodwill and accumulated profits/reserves.

Gaining Ratio = New Ratio - Old Ratio

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

During dissolution, the partnership firm is wound up. The Realisation Account is prepared to record the sale of assets, payment of liabilities, and calculation of profit or loss on realization. All assets (except cash) are transferred to the debit side and all liabilities (except partner's capital and loans) are transferred to the credit side.

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

When a partner dies, their legal heirs or executors become entitled to the deceased partner's dues. The Executor's Account (or Legal Representative's Account) is opened to record all amounts payable to the deceased partner's estate, including capital balance, share of goodwill, share of reserves, and share of profits till death.

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

The correct answer is Option 2.