5. Dissolution expenses amounted to $12,000 Required a) Prepare the following accounts: i. Realization [10 marks] ii. Capital [10marks] iii. Bank [8.5 marks] Question 2 In the context of accounting, what is representational faithfulness? Explain ONE enhancing characteristic related to representational faithfulness. [8 marks] X,Y and Z were partners for many years, sharing profits and losses in the ratio 3:1:1. They decided to dissolve the partnership on August 30, 2022. The summarized statement of financial nncitinn at that date was: The following information is available. 1Y assumed $200.000 payables. The partriership paid $7.100,000 in full settlement of the remaining payables. 2 Receivables were settled after allowing a 4% discount 3. Buildings and Furniture and fixtures were sold for $4,100.000 and $9.45000 respectively 4 Inventory was, sold at a gain of $50.000