Arrange the following steps in the order of the accounting treatment in case of death of a partner.

(A) Adjustment of capital account of the exisiting partner.

(B) Transfer of share of goodwill to deceased partner’s capital account.

(C) Transfer of amount from deceased partner’s capital account to executor’s account.

(D) Calculation of New Profit Ratio and Sacrificing Ratio.

Choose the correct answer from the options given below:

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

The correct answer is Option (2) → 

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