Fill in the blank and rewrite the following sentence:

1. New Ratio (less) ———– = Gain ratio
Ans:-old ratio
2. Retiring Partner’s share of goodwill is ———-to the remaining partner’s capital account.
3. Revaluation A/c is also known as ——————————-account.
Ans:-profit and loss adjustment 
4. On retirement, the balance at a current Account of a partner is transferred to his ——– account.
5. A proportion in which the continuing partners get the share of retiring partner is known as ——– ratio