Boby, Jestin, and Sudheer are in partnership in the ratio of 3:2:3. They have decided to dissolve the firm. On the date of dissolution total creditors were Rs.16,000; Bills discounted Rs. 2,650 during the year, has become a real liability which has to be paid, through this has not been recorded anywhere in the books of accounts. Their capital account balances were Boby Rs. 12000; Jestin Rs. 10000; Sudheer Rs. 8000 respectively. Boby advanced Rs. 14000 besides his capital account.
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1. Total Sundry Assets
2. Realisation Account
3. Capital accounts of partners
