Ashok and Kishore were in partnership sharing profits in the ratio of ` 3 : 1` . They agreed to dissolve the firm . The assets (other than cash of ₹ 2,000) of the firm realised ₹ 1,00,000 . The liabilities and other particulars on that date were :
`{:("Creditors" ,,, "₹" 40","000) , ( "Ashok's Capital" ,,, "₹" 1","00","000), ("Kishore's Capital",,, "₹" 10","000 ("Dr. Balance")), ("Profit and Loss A/c" ,,, "₹" 8","000 ("Dr. Balance")), ("Realisation Expenses",,, "₹" 1","000):}`
You are required to close the books of the firm .

There are two partners X and Y in a firm and their capitals are ₹ 50,000 and ₹ 40,000 . The creditors are ₹ 30,000 . The assets of the firm realise ₹ 1,00,000 . How much will X and Y receive ?

A and B are in partnership sharing profits in the ratio of 3 : 2. They take C as a new partner. Goodwill of the firm is valued at Rs.3,00,000 and C brings Rs.30,000 as his share of goodwill in cash which is entirely credited to the Capital Account of A. New profit sharing ratio will be :

X and Y were partners sharing profits and losses in the ratio of 3 : 2 . They decided to dissolve the firm on 31st March , 2019 . On that date , their Capitals were X - ₹ 40,000 and Y - ₹ 30,000 . Creditors amounted to ₹ 24,000 . Assets were realised for ₹ 88,500 . Creditors of ₹ 16,000 were taken over by X at ₹ 14,000 . Remaining Creditors were paid at ₹ 7,500 . The cost of realisation came to ₹ 500 . Prepare necessary accounts .

A , B and C were in partnership sharing profits and losses in the ratio of 2 : 2 : 1 . They decided to dissolve the partnership . On that date of dissolution . Sundry Assets (including cash ₹ 5,000) amounted to ₹ 88,000 , assets realised ₹ 80,000 (including an unrecorded asset which realised ₹ 4,000) . A contingent liability on account of bills discounted ₹ 8,000 was paid by the firm. The Capital Accounts of A , B and C showed a balance of ₹ 20,000 each. Prepare Realisation Account , Partner's Capital Accounts and Cash Account .

X and Y , who were sharing profits and losses in the ratio of 3 : 1 respectively , decided to dissolve the firm on 31st March , 2019 at which date some of the balances were : X's Capital -₹ 1,00,000 , Y's Capital - ₹ 10 ,000 (Debit Balance) , Profit and Loss A/c - ₹ 8,000 (Debit Balance) , Trade Creditors - ₹ 30,000 , Loan from Mrs .X - ₹ 10,000 , Cash at Bank - ₹ 2,000 . Assets (other than cash at bank) realised ₹ 1,10,000 and liabilities were paid at 5 % discount . Realisation expenses amounted to ₹ 1,000. Prepare Realisation Account , Capital Accounts of the Partners and Bank Account assuming that both the partners are solvent .

Vinay and Naman are partenrs sharing profits in the ratio 4 : 1. Their capital were RS.90,000 and RS.70,000 respectively. They admitted Prateek for 1/3 share in the profits. Prateek brought RS.1,00,000 as his capital. Calculate the value of firm's goodwll.