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.

A and B were partners from 1st April , 2016 with capitals of ₹ 60,000 and ₹ 40,000 respectively . They shared profits in the ratio of 3 : 2 . They carried on business for two years . In the first year ended 31st March 2017 , they earned a profit of ₹ 50,000 but in the second year ended 31st March , 2018 , a loss of ₹ 20 , 000 was incurred . As the business was no longer profitable , they dissolved the firm on 31st March , 2018 . Creditors on that date were ₹ 20,000 . The partners withdrew for personal use ₹ 8,000 per partner per year . The assets realised ₹ 1,00,000 . The expenses of realisation were ₹ 3,000 . Prepare Realisation Account , Partner's Capital Accounts and Cash Account.

Bora , Singh and Ibrahim were partners in a firm sharing profits in the ratio of 5 : 3 : 1 . On 2nd March , 2019 , their firm was dissolved . The assets were realised and the liabilities were paid off . Given below are the Realisation Account , Partner's Capital Accounts and Bank Account of the firm . The accountant of the firm left a few amounts unposted in these accounts . You are required to complete these accounts by posting the correct amounts .

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 .

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 .

Parth and Shivika were partners in a firm sharing profits in the ratio of 3 : 2 . The Balance Sheet of the firm on 31st March , 2014 was as follows : On the above date , the firm was dissolved . The assets were realised and the liabilities were paid off as follows : (i) 50% of the furniture was taken over by Parth at 20% less than book value . The remaining furniture was sold for ₹ 1,05 , 000. (ii) Debtors realised ₹ 26,000 . (iii) Stock was taken over by Shivika for ₹ 29 , 000 . (iv) Shivika's sister's loan was paid off along with interest of ₹ 2,000 . (v) Expenses on realisation amounted to ₹ 5,000 . Prepare Realisation Account , Partner's Capital Accounts and Bank Account .