A and B are partners in a firm sharing profits and losses in the ratio of ` 2 : 1` . On 31st March ,2019 , their Balance Sheet was :

On that date , the partners decide to dissolve the firm . A took over Investments at an agreed valuation of ₹ 35,000 . Other assets were realised as follows :
Sundry Debtors : Full amount . The firm could realise Stock at 15% less and Furniture at 20% less than the book value . Building was sold at ₹ 1,00,000 .
Compensation to employees paid by the firm amounted to ₹ 10,000 . This liability was not provided for in the above Balance Sheet .
You are required to close the books of the firm by preparing Realisation Account , Partner's Capital Accounts and Bank Account .

Explanation

Gain(Profit) on Realisation - ₹ 43,500 , Payment to A- ₹ 81,333 , B-₹ 3,167 , Total of Bank Account - ₹ 1,58, 500.