Rita and Sobha are partners in a firm ,Fancy Garments Exports profits and losses equally . On 1st April , 2019 , the Balance Sheet of the firm was :

The firm was dissolved on the date given above. The following transactions took place :
(a) Rita took 25% of the Stock at a discount of 20% in settlement of her loan.
(b) Book Debts realised ₹ 54,000 , balance of the Stock was sold at a profit of 30% on cost .
(c) Sundry Creditors were paid out at a discount of 10% . Bills Payable were paid in full.
(d) Plant and Machinery realised ₹ 75,000 . Land and Building ₹ 1,20,000.
(e) Rita took the goodwill of the firm at a value of ₹ 30,000 .
(f) An unrecorded asset of ₹ 6,900 was handed over to an unrecorded liability of ₹ 6,000 in full settlement .
(g) Realisation expenses were ₹ 5,250 .
Show Realisation Account , Partner's Capital Accounts and Bank Account in the books of the firm .

Explanation

Gain (Profit) on Realisation - ₹ 1,41, 375 , Amount paid to Rita - ₹1,42,688 , Sobha- ₹ 1,12,687 , Total of Bank Account - ₹ 3,58,125.