Arrange the following steps involved in various accounting aspects of retirement/death of a partner in a sequence -

(A) Settlement of the amounts due to retired/deceased partner
(B) Ascertainment of new profit sharing ratio and gaining ratio
(C) Adjustment of capital, if required
(D) Revaluation of assets and liabilities

Choose the correct answer from the options given below:

(B), (D), (C), (A)

The correct answer is Option (1) → (B), (D), (C), (A)