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 ?

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 .

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 .

A , B and C were partners sharing profits in the ratio of 5 : 3 : 2 . On 31st March , 2019 , A's Capital and B's Capital were ₹ 30,000 and ₹ 20,000 respectively but C owed ₹ 5,000 to the firm . The liabilities were ₹ 20,000 . The assets of the firm realised ₹ 50,000 . Prepare Realisation Account , Partner's Capital Accounts and Bank Account.

P , Q and R commenced business on 1st April , 2018 with capitals of : P - ₹ 2,00,000 , Q - ₹ 2,00,000 and R - ₹ 1,00,000 . Profits are shared in the ratio of 4 : 3 : 3 . Capital carried interest @ 5% p.a. During the year 2018-19 , the firm suffered a loss of ₹ 1,50,000 before allowing interest on capital. Drawings of each partner during the year were ₹ 20,000. On 31st March , 2019, the partners agreed to dissolve the firm as it was no longer profitable . The creditors on that date were ₹ 40,000 . The assets realised a net value of ₹ 3,20,000 and the expenses of realisation were ₹ 7,000 . Prepare Realisation Account , Partner's Capital Accounts and Cash Account along with necessary working to close the books of the firm .

The partnership between A and B was dissolved on 31st March , 2019 . On that date the respective credits to the capitals were A - ₹ 1,70,000 and B - ₹ 30,000 , ₹ 20,000 were owed by B to the firm , ₹ 1,00,000 were owed by the firm to A and ₹ 2,00,000 were due to the Trade Creditors . Profits and losses were shared in the proportions of 2/3 to A , 1/3 to B . The assets represented by the above stated net liabilities realised ₹ 4,50,000 exclusive of ₹ 20,000 owed by B . The liabilities were settled at book figure . Prepare Realisation Account , Partner's Capital Accounts and Cash Account showing the distribution to the partners .