Particulars Rs Particulars Rs Debtors 12000 Sundry creditors 27000 Plant 47000 Loan 40000 Stock 42000 Bank Leasehold Land 60000 Leasehold Land 72000 Furniture 25000 Furniture 22500 Cash Creditors 25500 Stock 40500 Cash (Expenses) 2500 Plant 48000 Cash (Loan) 40000 Debtors 10500 193500 Profit on realisation Sourav 3250 Utkarsh 3250 6500 260500 260500 CAPITAL ACCOUNTS PARTNER’S Particulars Sourav Utkarsh Particulars Sourav Utkarsh Bank 68250 68250 Balance b/d 60000 60000 Reserve Fund 5000 5000 Profit on realisation 3250 3250 68250 68250 68250 68250 BANK ACCOUNT Particulars Rs Particulars Rs Balance b/d 11000 Realisation (Cr) 25500 Realisation (assets) 193500 Realisation ( Exp.) 2500 Realisation (loan) 40000 Sourav capital 68250 Utkarsh capital 68250 136500 204500 204500 ANS (15): Realisation Account Particulars Rs Particulars Rs Building 80000 Creditors 88000 Machinery 70000 Bank overdraft 50000 Furniture 14000 Ashu Capital (building) 95000 Stock 20000 Harish Capital (mach. & furniture) 80000 Investment 60000 Bank (Debtors) 46000 Debtors 48000 Ashu Capital 48000 Ashu Capital (Crs.) 88000 Harish Capital 32000 80000 Harish Capital (B.O.) 50000 Cash (Expenses) 3000 Profit on Realisation Ashu 3600 Harish 2400 6000 439000 439000 Cash Account Particulars Rs Particulars Rs Balance b/d 8000 Realisation (Exp.) 3000 Realisation (debtors) 46000 Ashu Capital 56600 Harish Capital 5600 59600 59600 Capital Account Partner’s Particulars Ashu Harish Particulars Ashu Harish Realisation (Building) 95000 Balance b/d 108000 54000 Realisation 80000 Realisation (Crs) 88000
Particulars Rs Particulars Rs Debtors Plant Stock Leasehold Land Furniture Cash Creditors Cash (Expenses) Cash (Loan) Profit on realisation Sourav 3250 Utkarsh 3250 12000 47000 42000 60000 25000 25500 2500 40000 6500 Sundry creditors Loan Bank Leasehold Land 72000 Furniture 22500 Stock 40500 Plant 48000 Debtors 10500 27000 40000 193500 260500 260500 PARTNER’S CAPITAL ACCOUNTS Particulars Sourav Utkarsh Particulars Sourav Utkarsh Bank 68250 68250 Balance b/d Reserve Fund Profit on realisation 60000 5000 3250 60000 5000 3250 68250 68250 68250 68250 BANK ACCOUNT Particulars Rs Particulars Rs Balance b/d Realisation (assets) 11000 193500 204500 Realisation (Cr) Realisation ( Exp.) Realisation (loan) Sourav capital 68250 Utkarsh capital 68250 25500 2500 40000 136500 204500 ANS (15): Realisation Account Particulars Rs Particulars Rs Building Machinery Furniture Stock Investment Debtors Ashu Capital (Crs.) Harish Capital (B.O.) Cash (Expenses) Profit on Realisation Ashu 3600 Harish 2400 80000 70000 14000 20000 60000 48000 88000 50000 3000 6000 439000 Creditors Bank overdraft Ashu Capital (building) Harish Capital (mach. & furniture) Bank (Debtors) Ashu Capital 48000 Harish Capital 32000 88000 50000 95000 80000 46000 80000 439000 Cash Account Particulars Rs Particulars Rs Balance b/d Realisation (debtors) Harish Capital 8000 46000 5600 59600 Realisation (Exp.) Ashu Capital 3000 56600 59600 Partner’s Capital Account Particulars Ashu Harish Particulars Ashu Harish Realisation (Building) Realisation 95000 80000 Balance b/d Realisation (Crs) 108000 88000 54000
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