Question 2 (a) Badrul and Fendi are the owner of Pintar Partnership which is located in Bandar Hilir, Melaka. Their agreed profit sharing ratio is 3:1 respectively. On 31 May 2020, they wanted to dissolve their partnership business due to Badrul having a health problem. Below is the statement of financial position as at 31 May 2020. RM Assets Non-current assets Vehicle Furniture Office equipment 40000 8400 8380 56780 Current assets Accounts receivables Inventory Short-term investment Bank Total current assets Total assets 1500 9600 5000 22100 38200 94980 60000 30000 Liabilities and owner's equities Capital: Badrol Fendi Current liabilities Accounts payable Accrued rental 4280 700 Total liabilities and equities 94980 These transactions occurred during the dissolution process: (1) The vehicle being realized at RM35000. The inventory and furniture were sold at RM12000. (3) (5) Badrul took over the short-term investment at the value of RM5000. Fendi took over the office equipment at the agreed value of 7100. Only RM200 cannot be collected from account receivables due to the financial problem faced by them. RM800 of realization expense had been paid. Paid RM3980 of accounts payable as a full settlement and paid in full for accrued rental. Cheque to be used for all received and payment transactions. (6) (7) You are required to prepare: (1) Realization account (11) Capital account for each partner (111)Bank account (16 marks) (b) Give any TWO (2) reasons of partnership dissolutions. (3 marks) (c) Goodwill arises from several attributes that an ongoing business possesses. Give any THREE (3) attributes that contribute to the recognition of goodwill. (6 marks) [Total: 25 Marks]