On dissolution of a partnership firm, cash remains after paying external liabilities, partners’ loans and realisation expenses. On what basis is this amount generally distributed?

Correct answer: साझेदारों के अंतिम पूँजी खातों के देय शेष के अनुसार

After external liabilities, partners’ loans and realisation expenses are settled, the remaining cash is used to settle the final amounts due to partners in their capital accounts. It is not automatically distributed in the profit-sharing ratio because partners may have different capital balances. Exam tip: Remember the settlement order in dissolution—external liabilities, partners’ loans and then partners’ capital.