General   Reserve account shows ________ balance.

Retiring   partner's share of  goodwill  is debited to  the continuing partners  capitals  in the ________ ratio.

Credit balance  in the Profit  and Loss account  indicates _________.

In _________method  goodwill is valued  on the basis  of  excess profits earned by a  firm  in comparison  to  average profits  earned by  other firms.

Share of  goodwill brought  in cash  by the new  partner is  called _________.

Unless given otherwise,  the ratio  of sacrifice  is  the same as___________.

___________ is the value of  reputation of a firm.

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

Gaining  ratio is calculated  on  ___________ of  a partner.

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