Question : If partners decided not to change book value of assets and liabilities on admission of new partners, then account prepared to adjust profit and loss arising on account of change in value of assets and liabilities is

Question :  Capital employed in a firm is calculated from the liabilities approach as follows

Question :

An increase in the value of assets at the time of retirement of a partner is

Question : ______ A/C is opened for disposing of all the assets of firm and making payment of all the liabilities.

Question : -----------------account is prepared at the time of dissolution.