Match List-I with List-IIList–IList–II(A) Existing Goodwill(I) no entry passed.(B) Goodwill premium(II) Calculated on the basis of capital of partners.(C) Goodwill paid privately(III) Written off.(D) Hidden goodwill(IV) credited to sacrificing partner.Choose the correct answer from the options given below:

Let's systematically match the goodwill treatment rules at the time of admission:(A) Existing Goodwill matches with (III) Written off: Any goodwill already appearing in the old balance sheet must be written off among old partners in their old profit-sharing ratio.(B) Goodwill premium matches with (IV) credited to sacrificing partner: The premium brought by a new partner is distributed by crediting sacrificing partners' capital accounts in their sacrificing ratio.(C) Goodwill paid privately matches with (I) no entry passed: If goodwill is paid privately to old partners outside the business books, no accounting record is made.(D) Hidden goodwill matches with (II) Calculated on the basis of capital of partners: Hidden or inferred goodwill is calculated by looking at total capitalized value based on the incoming partner's capital share minus total actual adjusted capitals.Hence, the perfect sequence is (A) - (III), (B) - (IV), (C) - (I), (D) - (II).