Identify the correct sequence to be followed at the time of Retirement of a Partner:
(A) New Balance Sheet after Retirement
(B) Transferring balance to Retiring partner's Loan Account
(C) Calculation Gaining/Sacrificing Ratio
(D) Partners' Capital Account
(E) Preparation of Revaluation Account
Choose the correct answer from the options given below:
1
(C), (D), (E), (A), (B)
2
(C), (E), (D), (B), (A)
3
(A), (B), (C), (D), (E)
4
(C), (E), (B), (A), (D)