An increase in liability at the time of death of a partner is:

Debited to revaluation A/c Credited to revaluation A/c Debited to P& L A/c Debited to partners capital A/c

Debited to revaluation A/c

* For increase in the amount of liabilities    Revaluation A/c Dr.         To Liabilities A/c (Individually)   (Increase in the amount of liabilities) * For decrease in the amount of liabilities    Liabilities A/c’s (Individually) Dr.         To Revaluation A/c (Decrease in the amount of liabilities)