If  the incoming  partner  does not bring in his  share  of goodwill in cash,  then _______ method, is followed.

Goodwill is  calculated  on the basis of  the number  of past years  profit  is called 

Unless given otherwise,  the ratio  of sacrifice  is  the same as

Revaluation of assets   on the reconstitution of  partnership  firm  becomes  necessary  because their  present  values  may be  _________ from  their  books  value.

General   Reserve account shows ________ balance.

Change in Profit sharing  ratio of the  existing   partners  results in  __________ to  some  partners  and  sacrifice of other.

On  retirement of a  partner,  the profit  on revaluation of assets  should be  created  in the capital accounts  of ______ partners.

Gaining  ratio is calculated  on  ___________ of  a partner.

On death  of a partner  the________ receives the  Joint   Life  Policy  amount  from the Insurance  Company.

Joint  life policy gets  matured  on __________  of a partner.