(Goodwill Appears in Balance Sheet) .
A , B and C are partners in a firm sharing profits in the ratio of ` 2 : 1 : 1` . Their Balance Sheet as at 31st March , 2019 was as follows :

The firm was dissolved on that date . Assets realised : Goodwill ₹ 20 , 000 , Land and Building ₹ 1, 00 , 000 , Plant and Machinery ₹ 50,000 , Car ₹ 28,000 and Debtors 50% of the book value .
Realisation Expenses were ₹ 2, 000 . Prepare Realisation Account , Capital Accounts of Partners and Cash Account to close the books of the firm .

Balance Sheet of a firm as at 31st March , 2019 was : The firm was dissolved on the above date . X took the Investments at a value of ₹ 1, 90 , 000 . Cash realised was : Freehold Property ₹ 9 , 00 , 000 , Sundry Debtors ₹ 90, 000 and Stock ₹ 1, 40 , 000 . Creditors were paid at a discount of 5% . Realisation Expenses were ₹ 20 , 000 . Pass Journal entries and prepare necessary Ledger Accounts to close the books .

Digvijay, Brijesh and Parakaram were partners in a firm sharing profits in the ratio of 2 : 2 : 1 . Their Balance Sheet as on March 31, 2017 was as follows: Brijesh retired on March 31, 2017 on the following terms: (i) Goodwill of the firm was valued at Rs. 70,000 and was not to appear in the books. (ii) Bad debts amounting to Rs. 2,000 were to be written off. (iii) Patents were considered as valueless. Prepare Revaluation Account, Partners’ Capital Accounts and the Balance Sheet of Digvijay and Parakaram after Brijesh’s retirement.