A, B and C are partners in a firm in the ratio of 5 : 3 : 2. B retires from the firm. A and C want to have the same previous ratio. The new ratio of A and C will be

Match List-I with List-II
List-I List-II
a. Ind AS-16 1. Income tax
b. Ind AS-38 2. Leasing
c. Ind AS-17 3. Intangible assets
d. Ind AS-12 4. Property, plant and equipments

Match the items of List-I with the items of List-II and choose the correct answer:
List-I List-II
a. Provision for 1. Current assets taxation
b. Livestock 2. Unsecured loans
c. Sundry debtors 3. Fixed assets
d. Interest accrued on unsecured loans 4. Provisions

Under Garner vs Murray rule, in the event of dissolution of a partnership firm, solvent partner will have to share the deficiency of insolvent partner in

Single entry system is defective because under this system: