Where will the profit and loss suspense account be shown after the adjustment of the retiring partner's share of profit is done by the partnership firm?

Assets side of Balance sheet

Profit and loss suspense account is a temporary account prepared at the time of death of a partner in a partnership firm. The deceased partner is credited with his share of the approximated profit earned within the period when he/she was an active partner. On the death of the partner, his profit or loss share is credited or debited respectively to his/her capital account against P/L Suspense a/c. At the end of the accounting period, this a/c is transferred to P/l appropriation a/c or shown in balance sheet as an asset.