**Partnership Dissolution: Deepak's Role and Responsibilities**

**Introduction**
In the given scenario, Deepak, Kavita, and Kiran are partners in a firm, sharing profits and losses in the ratio of 2:2:1. They have decided to dissolve the partnership, and Deepak has been appointed to realize the assets and pay the liabilities. Deepak will receive a 5% commission on the amounts finally paid to the other partners as capital. Additionally, he will bear all the expenses of realization. Let's discuss the details of Deepak's role and responsibilities in this process.

**Realization of Assets**
Realizing the assets involves converting the firm's assets into cash or their equivalent. Deepak is responsible for identifying and valuing the assets, preparing a schedule of assets, and taking necessary steps to sell or dispose of them. He should ensure that the assets are sold at fair values to maximize the realization value.

**Settlement of Liabilities**
Deepak's next responsibility is to pay off the firm's liabilities. He should ascertain the amount owed to creditors and make arrangements to settle the outstanding dues. It is important to note that liabilities should be paid in the order of preference, as prescribed by law. Deepak should ensure that the liabilities are cleared in a systematic and legal manner.

**Calculation of Capital Accounts**
After realizing the assets and settling the liabilities, Deepak needs to calculate the capital accounts of the partners. The capital accounts represent each partner's share in the firm's assets and profits. Deepak should determine the final capital balances of Kavita and Kiran after considering their respective shares of profits and losses and any adjustments required.

**Commission Calculation**
Deepak is entitled to a 5% commission on the amounts finally paid to the other partners as capital. To calculate this commission, Deepak needs to determine the total capital amount paid to Kavita and Kiran. He can then calculate 5% of this total as his commission.

**Expenses of Realization**
As stated in the scenario, Deepak is responsible for bearing all the expenses of realization. This includes expenses incurred during the process of asset realization, such as legal fees, auction charges, transportation costs, etc. Deepak should keep a record of these expenses and deduct them from the total realization value before calculating the final capital amounts.

**Conclusion**
In conclusion, Deepak's role in the dissolution of the partnership involves realizing the assets, paying off the liabilities, calculating the capital accounts, determining his commission, and bearing the expenses of realization. He should perform these responsibilities diligently, ensuring that the dissolution process is carried out smoothly and fairly.