A, B and C are partners. The balance sheet on 31 March, 2012 was as under :
On that date firm dissolved. A became insolvent. Realised from debtors of firm Rs 80,000 from stock. Rs 50,000, creditors were paid off Rs 86,000 in full settlement. Realisation expenses were Rs 4,000. Not any amount can be realised from A.
Prepare Realisation A/c, Capital A/c and Cash A/C.
