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good day welcome to another session of fog accountancy tutorials today we are going to continue our series on partnership accounts and we are going to look at another factor that causes a change in Partnership which is the accounting treatment for retirement or death of a partner we want to look at the accounting treatment and how to pass entries into the books of accounts in a situation where a partner dies or a personal ties or there is a redrawal of a partner or a dismissal in any case when a partner is living what are the accounting arrangements and that is what we are going to focus on now remember that we have already spoken about a situation where there is an admission of a partner we spoke about Goodwill where Goodwill is to be maintained in the books and where A good rule is to be written off from the books we also spoke about a situation where there could be revaluation of partnership assets due to that change now those conditions that we saw from the admission of a partner i