Which of the following accounts are made at the time of retirement of a partner by the partnership firm?

A) Revaluation A/c
B) Realisation A/c
C) Partner's Capital A/c
D) Partner's Current A/c
E) Dissolution A/c
F) Partner's Executor A/c

Choose the correct answer from the options given below.

A, C, D

The correct answer is option 4- A, C, D.

A) Revaluation A/c- Retirement.

B) Realisation A/c- Only at the time of Dissolution of firm

C) Partner's Capital A/c- Retirement

D) Partner's Current A/c- Retirement

E) Dissolution A/c- Not exist

F) Partner's Executor A/c- Death of partner

* The revaluation A/c is made to revalue assets and reassess liabilities.
* Partner's Capital A/c and Partner's Current A/c is made for the partners when capital accounts are made with the fixed capital method.