Krishna and Arjun are partners in a firm . They share profits in the ratio of ` 4 : 1` . They decide to dissolve the firm on 31st March , 2019 at which date their Balance Sheet stood as :

The realisation shows the following results :
(a) Goodwill was sold for ₹ 1,000 .
(b) Debtors were realised at book value less 10% .
(c) Trademarks realised ₹ 800 .
(d) Machinery and Stock-in-Trade were taken by Krishna for ₹ 14,400 and ₹ 3,600 respectively .
(e) An unrecorded asset estimated at ₹ 500 was sold for ₹ 200 .
(f) Creditors for goods were settled at a discount of ₹ 80 . The expenses on realisation were ₹800 .
Prepare Realisation Account , Partner's Capital Accounts and Bank Account .

Explanation

Loss on Realisation - ₹ 820 , Final Payment to Arjun- ₹ 5,636 , Cash brought in by Krishna - ₹ 3,456.