Please answer .2. Rama and Shyama were partners, sharing profits and losses as to two-thirds and one-third respectively.On Ist January, 2019 they dissolved partnership. Their books at that date show the following:Book-Debts35,000 Bank overdraft17,000 Sundry Creditors9,000 Capitals :1,560Stock24,440Investments40,00020,000 Rama4,400 ShyamaGoodwill20,000Trade FurnitureThe stock realised 75 per cent of its book value, and the book debts 7 27,800. Trade Furniture was soldTor < 5,000. Goodwill proved unrealisable. Investments were taken over by Rama for 7 12,000.Prepare Realisation Account, Capital Account and Cash Account.Hint LOSS on Realisation 27.850 : Final Payment to Rama 7 9,433 and Shyama 7 10,717].Sheet.]. • 3. Following was the Balance Sheet as on 31st July, 2019 of the firm of Arun and Aditya who were sharingprofits and losses in the ratio of 3 : 2.LiabilitiesAssetsCreditors97,500Land & Building30,00018,30072,80090,75033,650Capitals-ArunMotor Vehicles77,50058,00012,500StockAdityaGeneral ReserveDebtorsCash2,45,5002,45,500The partners decided to dissolve the firm on and from the date of Balance Sheet. Motor vehicles andstocks were sold for cash at 7 16,950 and 77,600 respectively. All debtors accounts were realised infull. Aditya took over Land and Buildings at an agreed valuation of 43,500. Creditors were paid offsubject to a discount of 7 1,700. Expenses of realisation were 1,250.Prepare and close Realisation Account, Cash Account and Capital Accounts of partners.ns. [Profit on Realisation 17,400; Final payment to Arun 7 95,440 & Aditya 26,460].

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On Ist January, 2019 they dissolved partnership. Their books at that date show the following : .2. Rama and Shyama were partners, sharing profits and losses as to two-thirds and one-third respectively. Book-Debts 35,000 Bank overdraft 1,560 17,000 Sundry Creditors 9,000 Capitals : 20,000 4,400 Shyama 24,440 Stock Investments 40,000 20,000 Rama Goodwill The stock realised 75 per cent of its book value, and the book debts 27,800. Trade Furniture was sold for < 5,000. Goodwill proved unrealisable. Investments were taken over by Rama for ? 12,000. Prepare Realisation Account, Capital Account and Cash Account. LOSS on Realisation 7 27.850 : Final Payment to Rama 7 9,433 and Shyama ? 10,717). Trade Furniture Sheet ].