| List-I (Types of Markets) | List-II (Characteristics) |
|---|---|
| A. Industrial market | I. It consists of individuals and organisations that buy or acquire goods and services that enter into the production of other products and services. |
| B. Consumer market | II. It consists of individuals and organisations who acquire goods purchased by others and sell them either to industrial consumers or ultimate consumers. |
| C. Reseller market | III. It consists of individuals and households who buy or acquire goods and services for their own personal or household use. |
| D. Government market | IV. It consists of central/state agencies and local bodies who purchase goods to meet the requirements of the government. |
| List-I (Standardization Logo) | List-II (Description/Application) |
|---|---|
A. ![]() | I. Marked where essential vitamins and minerals have been added to the food. |
B. ![]() | II. Displayed on the pack for foods that are free from harmful ingredients, food additives, or harmful processing aids. |
C. ![]() | III. 100% Organic (food is free of artificial preservatives, flavors, colors, pesticides, and chemical fertilizers). |
D. ![]() | IV. Marked on vegetable oil, pulses, cereals, veggies, honey, fruits, and vegetables indicating their quality. |
“One of these days you’re going to talk yourself into a load of trouble,” her father said aggressively. What do you learn about Sophie’s father from these lines? (Going Places)
Rupal, Shanu and Trisha were partners in a firm sharing profits and losses in the ratio of 4:3:1. Their Balance Sheet as at 31st March, 2024 was as follows: 
(i) Trisha's share of profit was entirely taken by Shanu.
(ii) Fixed assets were found to be undervalued by Rs 2,40,000.
(iii) Stock was revalued at Rs 2,00,000.
(iv) Goodwill of the firm was valued at Rs 8,00,000 on Trisha's retirement.
(v) The total capital of the new firm was fixed at Rs 16,00,000 which was adjusted according to the new profit sharing ratio of the partners. For this necessary cash was paid off or brought in by the partners as the case may be.
Prepare Revaluation Account and Partners' Capital Accounts.