  We investigate the influence of large-scale meridional circulation on solar
p-modes by quasi-degenerate perturbation theory, as proposed by
\cite{lavely92}. As an input flow we use various models of stationary
meridional circulation obeying the continuity equation. This flow perturbs the
eigenmodes of an equilibrium model of the Sun. We derive the signatures of the
meridional circulation in the frequency multiplets of solar p-modes. In most
cases the meridional circulation leads to negative average frequency shifts of
the multiplets. Further possible observable effects are briefly discussed.
