Match the following descriptions of dissolution with the correct type:

  Column A   Column B
i Business is closed a Dissolution of Partnership Firm
ii Economic relationship between partners continues in changed form b Dissolution of Partnership
iii Assets are revalued, new balance sheet drawn a Dissolution of Partnership Firm
iv Termination of economic relationship between all partners b Dissolution of Partnership

1
i-a, ii-b, iii-b, iv-a
2
i-b, ii-a, iii-a, iv-b
3
i-a, ii-a, iii-b, iv-b
4
i-b, ii-b, iii-a, iv-a

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