Which accounting treatment is similar to that of death of a partner?
Admission of new partner
New profit sharing ratio
Valuation of Goodwill
Retirement of partner
Which of the following facts are entered on the credit side of deceased partner's Capital Account?
His share of a accumulated losses
His share of loss on revaluation of assets and liabilities
Credit balance in his Capital as per last year's balance sheet.
His share of existing goodwill written off.
