CUET Accountancy - On the retirement of an existing partner, an increase in the value of a liability will be credited to :- | PYQs + Solutions

CUET Accountancy 2025 29 May Shift 2

Partnership

Easy

common

Retiring Partner Capital Account.

Profit and Loss Adjustment Account.

Liability Account.

Realization Account.

✅ Correct Option: 3

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CUET Accountancy 2025 29 May Shift 2 PYQs

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