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At the time of retirement of a partner, account is prepared. (a) revaluation A/c
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After the death of an existing partner, shares of remaining partner will
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How goodwill is recorded on the retirement of a partner?
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On the death of a partner, the amount due to him will be credited to
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On retirement of a partner, goodwill will be credited to the Capital Account of:
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What journal entry will be recorded for deceased partner’s share in profit from the
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At the time of retirement of a partner, profit on revaluation will be credited to :
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What treatment is made of accumulated profits and losses on the retirement of a partner?
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