Partner's current accounts are transferred to respective Partners'........

Capital Accounts

The correct answer is option 2- Capital Accounts.

Partner's current accounts are transferred to respective Partners' Capital Accounts.

All dissolution-related transactions are initially recorded in the partners' current accounts if fixed capital method is followed. Once all transactions are completed, and the final balances are determined, these balances are then transferred to the capital accounts. Capital accounts are then prepared to know the credit or debit balance of partners.