1.

Match the following: for situations at the time of admission of new partners.Column I (Items/Transaction)Column II (distribution)i) Sacrificing RatioA. Nominal accountii) Gaining RatioB. Reconstitution of Partnershipiii)Revaluation AccountC. New Ratio – Old Ratioiv)Admission of PartnerD. Old Ratio – New Ratioa) i-B, ii-C, iii-A, iv-D b) i-D, ii-B iii-A, iv-C c) i-D, ii-C, iii-A, iv-B d) i-D, ii-C, iii-B, iv-A

Answer»

c) i-D, ii-C, iii-A, iv-B 



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