As per the provisions of Section 48 of Indian Partnership Act, firm's assets are to be used in the prescribed order in case of dissolution of a firm. Arrange the following in order.

(A) In paying partner's loan

(B) The residue, if any, shall be divided among the partners in their profit sharing ratio

(C) In paying to each partner proportionately what is due to him on account of capital

(D) In paying the debts of the firm to the third parties

Choose the correct answer from the options given below:

A firm may not be dissolved by court in the following condition :

When a firm is dissolved with the consent of all the partners, it is called:

Arrange the following in the context of dissolution of partnership firm.

A. Payment of loan from Partners

B. Payment of secured outsider's liabilities

C. Realisation of assets into cash

D. Settlement of partner's capital

E. Payment of unsecured outsider's liability

Choose the correct answer from the options given below:

The Court may order a partnership firm to be dissolved in which of the following case?

Match List-I with List-II

Choose the correct answer from the options given below:

1. (A) - (IV), (B) - (I), (C) - (III), (D) - (II)
2. (A) - (II), (B) - (I), (C) - (IV), (D) - (III)
3. (A) - (IV), (B) - (II), (C) - (I), (D) - (III)
4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

When realisation expenses are paid by the Partner on behalf of a Firm, which account will be credited: