Match the following modes of partnership reconstitution with their descriptions:
| Column A | Descriptions | ||
| 1 | Admission of a new partner | A | Partners decide to alter their existing profit distribution proportion |
| 2 | Change in the profit sharing ratio among existing partners | B | Remaining partners decide to continue the business after a partner passes away |
| 3 | Retirement of an existing partner | C | A partner withdraws from the business due to various reasons like bad health or old age |
| 4 | Death of a partner | D | A new person joins the firm, often when additional capital or managerial help is needed |
1
1-D, 2-A, 3-C, 4-B
2
1-D, 2-B, 3-A, 4-C
3
1-C, 2-A, 3-D, 4-B
4
1-A, 2-D, 3-C, 4-B