A labelled graph should be drawn in a bell-shaped curve with the following parts:
Y-axis showing “Acceptance (Measured in Sales Volume)”.
X-axis with sections showing Introductory Phase, Acceptance Phase and Rejection Phase.
A label on the graph saying, “Fashion Cycle” and the different stages marked with a rise, peak and decline in the curve
Note: For Visually Impaired Candidates, no need to draw graph/diagram in part (ii)
Simar, Tanvi and Umara were partners in a firm sharing profits and losses in the ratio of 5:6:9. On 31st March, 2024 their Balance Sheet was as follows:

Umara died on 30th June, 2024. The partnership deed provided for the following on the death of a partner: