Question

match the following
1 fixed capital a/c_ nominal account
2 profit and loss appropriation a/c_current account
3 local goodwill _ old ratio - new ratio
4 goodwill valuation method _ new ratio - old ratio
5 sacrificing ratio _ super profit method
6 gaining ratio _ cat goodwill
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Answer 1

Answer:

Explanation:

 Fixed capital  a/c     -     current account

 Profit and loss appropriation a/c   -   Nominal account

 local goodwill      -    cat goodwill

 Goodwill valuation method   -  super profit method

  Sacrificing ratio     -   old ratio - new ratio

  Gaining ratio      -   new ratio - old ratio