Practicing Success
Which of the following accounts are made at the time of retirement of a partner by the partnership firm? |
A, B, C, D, F A, C, D, F A, B, C, D A, C, D |
A, C, D |
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. |