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QUESTION THREE Pat, Matilda & Sammy were in partnenhip sharing profits in the ratio 3:2:1 respectively A summary of the statement of financial position of

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QUESTION THREE Pat, Matilda \& Sammy were in partnenhip sharing profits in the ratio 3:2:1 respectively A summary of the statement of financial position of the partnenhip is at Sewhimher 31.2022 i al follows: PAT. MATILDA \& SAMMS Due to a disagreement between Pat \& Samay, the partness decided to dissolve the parmechhip and the following decisions were taken in relation to the dissolution. i. The eash bulance sbould be paid into the bapk immediately 1i. The trade pecivables realiked for GMC 25,200 whiles trade payables were sertied for Glicto see, the difference was granted as cash discoum iii. Pat was to take over the motor vehicle at GIIC 7,600 and inventory was sold for GiHC 24,400 iv. The plant and machinery was disposed of at GHC 40,000 and furniture was sold for GHC25,800 v. Matilda's loan was to be transferred to her capital account vi. Partners' current account balances were to be transferred to their capital account. You are required to prepare: i. The realization accounts ii. The Cash and Bank Account

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