Write the word, term, phrase, which can substitute each of the following statements.
i. The account shows the revaluation of assets and liabilities.
ii. Excess of actual capital over proportionate capital.
iii. Process in which a partner leaves the firm permanently on account of old age continued sickness or loss of interest in the firm.
iv. The ratio in which the continuing partners share the profit ratio given up by the retiring partner.
OR
The ratio in which goodwill is credited to the retiring partners is adjusted by the continuing partners.
v. An account to which the amount due to a partner on his retirement is transferred.
