On dissolution of the firm, partner's capital accounts are closed through:
- ALoan Account
- BBank Account
- CDrawings Account
- DRealisation Account
Solution & Step-by-step Explanation
During dissolution, after all assets and external liabilities are settled via the Realization Account and partners' loans are paid, the final balances of partners' capital accounts are settled and closed through final payments or receipts via the Bank Account (or Cash Account).