State whether the following statements are True or False : (i) Change in profit-sharing ratio of the existing partners results in the reconstitution of the partnership firm (ii) Change in profit -sharing ratio does not change the relationship among the existing partners. (iii) The partners whose shares have decreased as a result of change in profit -sharing ratio are known as sacrificing partners. (iv) The partners whose shares have increased as result of change in profit-sharing ratio are known as gaining partners. (v) Reserve Accumulated profit /Loss should always be distributed at the time of reconstitution of partnership even if the qestion is silent. (vi) There is no difference between 'furniture reduced by 20% and 'furniture reduce to 20%' (vii) After revalution, assets and liabilities may or may not be shown in the Balance Sheet at the revised value.