Fred and Ernie are in business sharing the profits and losses equally. Their summarised Statement of Financial Position at 31 December 2020 is as follows: Statement of Financial Position at 31 December 2020 000 000 Non-current assets Property Motor Vehicles 40 20 60 Current assets Inventory Trade receivables Bank 16 14 1 31 Current liabilities Trade payables 13 18 78 Capital accounts Fred Ernie 40 38 78 The partners are unable to work together anymore and decide to sell the business. (i) The property is sold for 70,000. (ii) Fred agrees to take one of the vehicles at a value of 5,000. The remaining vehicles are sold for 12,000. (iii) The inventory is sold for 13,000 and the partners collect 11,000 from the trade receivables. (iv) They pay trade payables 12,000. (v) The expenses of realising the partnership amount to 2,000. Required: (a) Prepare: i) a realisation account ii) a bank account iii) partners' capital accounts [17] (b) State FOUR (4) reasons that could lead to dissolution of a partnership. [4] (c) Give TWO (2) advantages and TWO (2) disadvantages of partnership. [4]