Retirement Or Death of a Partner - Adjustment of Capitals

Give a word / term / phrase which can substitute the following statements :
Excess of proportionate at capital over actual capital.

Select the most appropriate answer from the alternatives given below :

An amount received from the Insurance Company against the joint life policy is __________.

Write the term / word / phrase which can substitute the following statement :
Excess of actual capital over proportionate capital.

Write the term / word / phrase which can substitute the following statement :
Capital account of a retiring partner always shows balance.

Select the most appropriate answer from the alternatives given below :

Increase in the value of assets should be ___________ to profit and loss adjustment account.

State whether the following statements is true or false :

Amount due to a retiring partner if not paid, appears as his loan in the books of the firm.

Give a word / term / phrase which can substitute  the following statements :
The account to which deceased partners capital balance is transferred.

State whether the following statements is true or false :
The capital account of a retiring partner always shows a debit balance.