At the time of dissolution of partnership firm, the aggregate amount finally payable to the partners must equal to the amount available in............

Cash A/c & Bank A/c

The correct answer is option 3- Cash A/c & Bank A/c.

At the time of dissolution of partnership firm, the aggregate amount finally payable to the partners must equal to the amount available in Cash A/c & Bank A/c.

If the partner’s capital account shows a debit balance after posting of various related entries of firms. He brings in the necessary cash for which the entry will be:
Bank A/c
     To Partner’s Capital A/c

The balance is paid to partners whose capital accounts show a credit balance and the following entry is recorded.
Partners’ Capitals A/cs (individually)
      To Bank A/c Dr.

It may be noted that the aggregate amount finally payable to the partners must equal to the amount available in bank and cash accounts. Thus, all accounts of a firm are closed in case of dissolution.