to be borne by the firm than the book value 31 st March, 2024 on which date their Balan in the ratio Capital Accounts
\begin{tabular}{|c|c|c|c|c|}
\hline \multirow[t]{11}{*}{\begin{tabular}{l}
Capital \( A / C \)-Amit \\
capital A/c-Bachan \\
General Reserve \\
creditors . . \\
Outstanding Rent \\
investments Fluctuation Reserve
\end{tabular}} & \multicolumn{4}{|l|}{Balance sheet watio of \( 2: 2: 1 \) ats acounts.} \\
\hline & \[
80,000
\] & \multicolumn{3}{|l|}{\begin{tabular}{l}
Assets \\
as under: \\
agreed to dissolve the firm on
\end{tabular}} \\
\hline & 60,000 & \multicolumn{3}{|l|}{\begin{tabular}{l}
Fixed Assets (Tangible) \\
Patents
\end{tabular}} \\
\hline & \multirow[t]{2}{*}{\[
-37,000
\]} & \multicolumn{3}{|l|}{Patents} \\
\hline & & \multicolumn{2}{|l|}{\begin{tabular}{l}
Accrued income \\
Debtors
\end{tabular}} & \multirow[t]{3}{*}{\[
\begin{array}{r}
1,00,000 \\
30,000 \\
20,000
\end{array}
\]} \\
\hline & \multirow[t]{2}{*}{\[
1,000
\]} & & \multirow[t]{2}{*}{20,000} & \\
\hline & & \multirow[t]{5}{*}{\begin{tabular}{l}
Stock \\
Povision for Doubtful Debts \\
Investments \\
Bank \\
Capital A/c-Charnesh
\end{tabular}} & & \\
\hline & & & \[
1,000
\] & 19.000 \\
\hline & & & & 16,000 \\
\hline & & & & 16,000 \\
\hline & 2,52,000 & & & 47,000 \\
\hline & & & & 4,000 \\
\hline & & & & 2,52,000 \\
\hline
\end{tabular}
(i) Investments were taken by Amit at ? 12,000; Creditors of ? 20,000 were taken by Bachan who
(iii) Stock and Debtors red
(iv) One customer, whose in ? 18,000 above.
(v) There was one unrecorded asset valued at ? 6,000 , half of which was given to an unrecorded creditor of \( ? 10,000 \) in settlement of claim of \( ? 5,000 \) and remaining half was sold in the market which realised ? 2,600.
Bachan took the responsibility of completing dissolution at a salary of ? 800 per month. Dissolution Expenses were to be borne by Bachan. Realisation Expenses amounting to \( ? 2,200 \) were paid by the firm. Dissolution was completed and final payments were made on 31st May, 2024. You are required to prepare Realisation Account, Partners' Capital Accounts and Bank Account.
