At the time of dissolution of firm at which stage the balance of partner rsquo s capital accounts is...........

At the time of dissolution of firm, at which stage the balance of partner’s capital accounts is paid?

After making the payment to third party’s loans

Before making the payment of partners in respect of their loans

After making the payment to third party for their loans as well as partners loans

None of the above.

After making the payment to third party for their loans as well as partners loans

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