Which one of the following alternatives is correct? A. The fair value of the assets of a partnership is equal to the total equity of a partnership. B. When recording the valuation adjustments, the depreciation amount of an asset is recorded on the debit side of the valuation account. C. The legal perspective is the only accounting perspective that can be adopted to record the change in the ownership structure of a partnership. D. A change in the ownership structure of a partnership only occurs when a new partner is admitted to a partnership. E. A valuation account is used to close off the accounting records of the existing partnership