Match List-I with List-II

List-I	List-II
(A) Amalgamation of partnership firms	(I) Meaning of Goodwill
(B) Nature of Business	(II) Treatment of goodwill
(C) The present value of a firm's anticipated excess earnings	(III) Factor affecting goodwill
(D) When the new Partner brings goodwill in cash	(IV) Need for valuation of goodwill

Choose the correct answer from the options given below:

X and Y are partners in a firm sharing profits in the ratio of 4:1. Z is admitted in the firm for $\frac{1}{5}$ share. On the admission of Z there was a balance of Rs. 20,000 in general reserve. What would be the journal entry for distributing the reserve.

For transferring the revaluation loss, which of the following is correct ?

The new profit sharing ratio of Arun, Ram and Sanjeev will be:

A and B are partners in a firm sharing profits in the ratio 2:1. C is admitted into the firm with 1/4th share in profits and he brings Rs. 30,000 as his capital. If the capitals of A and B are to be adjusted in their profit sharing ratio then the capital of A will be-

Valuation of Goodwill takes place on which of the following occasions:

A. Incorporation of a new business

B. Change in profit sharing ratio

C. Amalgamation of partnership firm

D. Admission of a partner

E. Dissolution of firm or closure of business

Choose the correct answer from the options given below:

Which of the following factors affects the value of goodwill?

(A). Location of Business

(B). Partner's Performance

(C). Nature of Business

(D). Market Situation

Choose the correct answer from the options given below: