Capital Adjustment in Retirement of a Partner (When Firm's Capital is unknown)

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In this lecture I have explained the procedure for calculating capital value in some different way and also compared that with general procedure given in the books. In my method there is no need of special working notes for calculating capital value of the firm.
Student can also watch following lectures related with the same topic :
1. Partner's Loan A/c - Retirement / Death of Partner
• Partner's Loan A/c [Re...
2. Death of a Partner :
• Death of a Partner [Ba...
Students can download relevant study material from the below mentioned link for better understanding of the concepts...
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