On retirement, the retiring partner’s capital account will be credited with:
(A) His / Her Capital Balance
(B) His / Her share of goodwill
(C) Share of goodwill of remaining partners
(D) His / Her share of Reserve
(E) His / Her drawings
Choose the correct answer from the options given below:
1
(A), (B) and (C) only
2
(A), (B) and (D) only
3
(B), (C) and (D) only
4
More than one of the above
5
None of the above