Match the accounting term with its definition or calculation:

  List I (Term)   List II (Definition/Calculation)
A New Profit Sharing Ratio i Amount paid to retiring partner in excess of adjusted capital
B Gaining Ratio ii Ratio in which the remaining partners will share future profits
C Hidden Goodwill iii The ratio in which the continuing partners have acquired the share from the retiring/deceased partner
D Gaining Share iv New share minus old share

1
A-(ii), B-(iii), C-(i), D-(iv)
2
A-(iii), B-(ii), C-(i), D-(iv)
3
A-(ii), B-(i), C-(iii), D-(iv)
4
A-(iv), B-(iii), C-(i), D-(ii)

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