Fill in the blank and rewrite the following sentence.

1) Deceased partner’s executor’s account is shown on the ———–side of the Balance Sheet.
Ans:liabilities

2) On the death of a partner, a ratio in which the continuing partners get more share of profits in the future is called as ——— ratio.
 Ans:-Gain

3) Deceased partner’s share of profit up to the death is shown ———— side of the Balance Sheet.
 Ans:- on assets

4) Benefit ratio = New Ratio ———-
Ans:-Old ratio

5) When Goodwill is raised at its full value and it is written off ———- account is to be credited.
Ans:-Goodwill