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| Publisher | Universal Learning Aid |
| Video Duration | 6 Mins 42 Secs |
| Author: | Let's Tute |
| Available | Available in all digital devices |
"The ""retirement of a partner"" extinguishes his interest in the Partnership firm and this leads to either dissolution of the firm or reconstitution of the Partnership. In this session we will learn through simple examples, the different adjustments on retirement/death of a partner.It covers:
1) Treatment of goodwill,
2) Revaluation of assets and liabilities
3) Profit and loss adjustment and
4) Calculation of gain ratio.
