A retiring partner will be entitled for the following:

A. Credit balance of his capital account
B. Credit balance of his current account
C. His share of goodwill
D. No share in the accumulated profits
E. His share in the gain on revaluation of assets and liabilities

Choose the correct answer from the options given below:

A, B, C and E only

The correct answer is Option (3) - A, B, C and E only.

The sum due to the retiring partner (in case of retirement) and to the legal representatives/ executors (in case of death) includes:
(i) credit balance of his capital account;
(ii) credit balance of his current account (if any);
(iii) his share of goodwill;
(iv) his share of accumulated profits (reserves);
(v) his share in the gain of revaluation of assets and liabilities
(vi) his share of profits up to the date of retirement/death;
(vii) interest on his capital, if involved, up to the date of retirement/death; and
(viii) salary/commission, if any, due to him up to the date of retirement/death.