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(Dissolution of firm ). Ashish and Neha ...

(Dissolution of firm ). Ashish and Neha were partners in a firm sharing profits and losses in the ratio of ` 4 : 3 ` . They decided to dissolve the firm on 1st May , 2014 . From the information given below , complete Realisation Account , Partner's Capital Accounts and Bank Account :

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Working Notes :
1. The amount of ₹ 40,000 paid to creditors is calculating on the balancing figure of Realisation Account . It is also credited to Bank Account .
2 . The amount of ₹ 1,98,000 debited to Ashish's Capital Account for the assets taken over by him . it is also shown on the credit side of Realisation Account . The amount of 40,000 debited to Neha's Capital A/c is for assets (Debtors) taken over by her . it is shown on the credit side of Realisation Account .
3 . The amount of ₹ 34,000 credited to Ashish's Capital A/c is for his wife's loan taken over by him . It is shown on the debit side of Realisation Account .
The amount of ₹ 7,000 credited to Neha's Capital A/c is for Realisation Expenses . It is shown on the debit side of Realisation Account. 4 . The amount of ₹ 4,000 and ₹ 3,000 credited to Ashish's and Neha's Capital A/c is for the share of Realisation Gain(Profit).
5 . The amount of ₹ 5,60,000 and ₹ 4,80,000 represented the opening balance of their capitals , calculated as the balancing figure of their Capital Account .
6 . The amount of ₹ 4,50,000 credited to Bank Account is the final payment made to Neha . It is shown on the debit side of Neha's Capital Account .
7 . Opening Bank Balance of ₹ 4,04,000 is calculated as the balancing figure .
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