In the Books Of Ganesh And Kartik

Realisation A/c
Dr Cr

Particulars Amt Amt Particulars Amt Amt

To Sundry Assets:- By Sundry Liabilities:-
Building 88000 Creditors 18400
Furniture 12000 Bills Payble 5600 24000
Debtors 32000
Stock 24000 By Cash A/c:-
Bills Recievable 4000 160000 Building 82000
debtors 22000
To Cash A/c:- Stock 20000
Creditors 18400 Bills Recievable 3200 127200
Bills Payble 5600
Realisation Expenses 2000 26000 By Ganesh Capital:- 10000
Furniture
By Loss Transferred
To Partners Capital
A/c
Ganesh Cap 12400
Kartik Cap 12400
( Bal. Fig.) 24800
186000 186000

Partners Capital A/c

Dr Cr
Particulars Ganesh Kartik Particulars Ganesh Kartik
To Realisation A/c 10000 By Balance B/d 40000 80000
To Realisation A/c 12400 12400 By Reserve Fund 10000 10000
(Loss)

To Cash A/c 27600 77600

(Bal. Fig.)
50000 90000 50000 90000
 Cash A/c
Dr Cr
Particulars Amt Amt Particulars Amt Amt
To Balance B/d 4000 By Realisation A/c 26000
To Realisation A/c 127200 By Ganesh Capital A/c 27600
By Kartik Capital A/c 77600

131200 131200