A B and C are in partnership sharing profits and losses in the proportions of 1 2 1 3 and 1 6 respec...........

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A, B and C are in partnership sharing profits and losses in the proportions of 1/2, 1/3 and 1/6 respectively. On 31st March, 2019, they decided to dissolve the partnership and the position of the firm on this date is represented by the following Balance Sheet:

Liabilities	Amount	Assets	Amount
Creditors	40,000	Cash at Bank	3,000
Loan A/c:		Stock	50,000
A	10,000	Sundry Debtors	50,000
Workmen Compensation Reserve	21,000	Land and Building	57,000
Capital A/cs:		Profit and Loss A/c	15,000
A 60,000		Advertisement Suspense A/c	6,000
B 40,000
C 10,000	1,10,000
	1,81,000		1,81,000

During the course of realisation, a liability under a suit for damages is settled at 20,000 as against 5,000 only provided for in the books of the firm.

Land and Building were sold for 40,000 and the Stock and Sundry Debtors realised 30,000 and 42,000 respectively. The expenses of realisation amounted to 1,200.

There was a car in the firm, which was completely written off from the books. It was taken by A for 20,000. He also agreed to pay Outstanding Salary of 20,000 not provided in books.

Prepare Realisation Account, Partners' Capital Accounts and Bank Account in the books of the firm.

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