Arrange the following in the correct sequence for the purpose of preparing Realisation account.

(A) Settlement of Unrecorded Assets and Liabilities

(B) Transfer of Assets and Liabilities to Realisation A/c

(C) Transfer of Profit and loss on Realisation

(D) Sale of Assets and Payment of Liabilities

Choose the correct answer from the options given below:

Identify the steps involved in the accounting treatment in the case of dissolution of firm:

(A) Capital accounts of partners are prepared and their final settlement is done.

(B) The balance of realisation account (profit or loss on realization) is transferred to partners' capital accounts in the profit sharing ratio.

(C) All assets and all external liabilities are transferred to realisation account.

(D) Realisation account is prepared.

(E) Bank account is prepared.

Choose the correct answer from the options given below:

Following items appear on the Debit side of Realisation A/C except :

A. Transfer of Assets

B. Payment of liabilities

C. Provisions

D. Realisation expenses

E. Asset taken over by partner

Choose the correct answer from the options given below:

Unrecorded Debtors, are realised at the time of dissolution of a Partnership Firm, will be shown in:

In case of dissolution of a firm:

(A) The firm ceases to conduct business and has to settle its accounts.

(B) It disposes off all its assets for satisfying all the claims against it.

(C) Rules as provided in Section 104 of the Indian partnership will be applicable.

(D) Rules as provided in Section 48 of the Indian partnership will be applicable.

Choose the correct answer from the options given below:

A partnership is not dissolved when:-

In case of dissolution of a firm, the partners loan A/c is transfer to ________