#Accounts #meliusAcademy #scoregood Retirement of a partner consist of revaluation of assets and liabilities, distribution of profits of losses, Treatment of good will , settlement of the amount due to retired partner and adjustment of capitals, if required. https://youtu.be/_wHnvd_qv-4 (you can follow the same link for further more links) #meliusacademy #2ndpuc #WEAREKNOWNFORBETTER