Select the most appropriate alternatives from those given below and rewrite the sentence.i. On retirement of a partner the balance on his Current Account is transferred to his ________ Account. (a) Drawings (b) Capital (c) Wife’s Loan (d) Son’sii. _________ Ratio is a ratio which continuing partners are benefited on retirement of a partner (a) New (b) Sacrifice (c) Gain (d) Oldiii. If Goodwill Account is raised only to the extent of retiring partner’s share, _________ A/c is credited. (a) Cash (b) Goodwill (c) All Partners’ Capital (d) Retiring Partner’s Capitaliv. In the case of retirement of a partner, _______ Account is opened for revaluation of the assets and liabilities. (a) Revaluation (b) Profit and Loss (c) Current (d) Tradingv. In the case of retirement of a partner, balance on Revaluation Account is transferred to ________ Accounts. (a) Retiring Partner’s Capital (b) All Partners’ Capital (c) New Partner’s Capital (d) Continuing Partners’ Capitalvi. Debit balance on Profit and Loss Suspense Account is shown in the new Balance Sheet on _________ side. (a) Assets (b) Liabilities (c) Debit (d) None of these