Q4. Match the column:
1. Goodwill
II. Current account
III. Revenue items
IV. Debenture holders
V. Goodwill brought in cash
05 Answer in one word: .
a. Reputation
b. Income and expenditure ac
c. External liabilities
d. Fixed capital method
e. Credited to premium ac
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Explanation:
good will reputation
current account. fixed capital method
revenue item. income and expenditure
debenture holder. external liability
good will brought In cash. credited to premium
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