Dissolution of a partnership firm is the last topic covered in Unit 1: Accounting for Partnership Firms. It constitutes of and covers the meaning of dissolution of partnership and partnership firm, types of dissolution of a firm, settlement of accounts - preparation of realization account, and other related accounts: capital accounts of partners and cash/bank a/c (excluding piecemeal distribution, sale to a company and insolvency of partner(s)). All these topics must be covered well to ensure not losing any marks.