When a partnership firm undergoes dissolution, the Balance of the Investment Account and the Balance of the Investment Fluctuation Fund Account shown in the Firm's Balance Sheet are transferred respectively into:

During the dissolution of a partnership firm, standard accounting treatment requires that:Investment Account (Asset): Since it represents a realisable ledger asset, its balance is closed by transferring it to the debit side of the Realisation Account.Investment Fluctuation Fund Account (Provision/Reserve against an asset): Because it is an accounting provision linked to a specific asset transferred to the Realisation account, it is closed out by moving it directly to the credit side of the Realisation Account.(Note: It is not distributed among partners' capital accounts because the underlying asset itself has been moved to the Realisation Account).