A , B and C were partners sharing profits in the ratio of ` 3 : 1 : 1` . On 31st March 2019 , they decided to dissolve their firm . On that date their Balance Sheet was :

It was agreed that :
(i) A took computer at its book value in settlement of his loan .
(ii) A took Furniture at ₹ 800 and Debtors amounting to ₹ 20, 000 at ₹ 17, 200 , the Creditors of ₹ 6,000 to be paid by him at this amount .
(iii) B took Stock-in-Trade at ₹ 7,000 and some of the Sundry Assets at ₹ 7,200 (being 10% less than book value ).
(iv) C took the remaining Sundry Assets at 90% of the book value , less ₹ 100 as discount and assume the responsibility for the discharge of the Loan together with accrued interest of ₹ 30 which has not been recorded in the books .
(v) The expenses of dissolution were ₹ 270 . The remaining Debtors were sold to a debt collecting agency for 50% of the book value .
Prepare Realisation Account , A's Loan Account , Cash Account and Partner's Capital Accounts.

Explanation

Working Notes :
1. Calculation of the Book Value of Sundry Assets taken over by B and C .
Book value of Sundry Assets taken by B = ₹ 7,200 `xx` 100/90 = ₹ 8 , 000
Book value of Sundry Assets (Total) = ₹ 17,000
Book value of Sundry Assets taken by C = ₹ 17,000 - ₹ 8,000 = ₹ 9,000
Value at which Sundry Assets taken by C = 90% of Book Value - ₹ 100 (Discount)
= ₹ 8, 100 - ₹ 100 = ₹ 8, 000.
2 . Debtors of ₹ 20,000 are taken by A and the remaining balance of ₹ 6, 200 has been sold for 50% or ₹ 3,100.
3 . There is a deficit in the Capital Accounts of B and C . It is assumed that they brought the amount in deficit .