(a)state five conditions under which a partnership may be dissolved (Smks) (b)The following was the balance sheet of P and Qas on 31th December 2010. Balance Sheet Capital account: Sh. Assets: Sh. Sh. Plant and machinery 280,000 200,000 Motor vehicles 120,0000 150,000 350,000 Furniture 30,000 Current accounts 60,000 Investment 70,000 (15,000) 45,000 Stock 50,000 Loan accounts -R 150,000 Debtors 25,000 Creditors 45,000 Bank 15,000 590,000 590.000 The firm was dissolved on 31" December 2010. The additional information provided by partners was as under- {oi) Pagreed to take furniture at the value of sh 25,000. He also to settle the loan of Mr. R. The other assets were realized as under: Sh Plant and machinery 260,000 Motor vehicles 130,000 Investments 80,000 MT PORNICI > was as under:- P agreed to take furniture at the value of sh. 25,000. He also to settle the loan of Mr. R. The other assets were realized as under: Sh. Plant and machinery 2 60,000 Motor vehicles 130,000 Investments 80,000 Stocks 45,000 Debtors 22,000 The expenses of realization amounted to Sh. 2,000. The creditors agreed to accept Sh. 42,000 The profit and losses sharing ratios of 'P' and 'Q' were 3:2 respectively (iii) (iv) Required: Prepare realization account, bank account and partner's capital account. (15mks)