Following is the Balance Sheet of Arvind and Balbir as at 31st March 2019 Liabilities Amount Assets ...........

Following is the Balance Sheet of Arvind and Balbir as at 31st March, 2019:

Liabilities	Amount	Assets		Amount
Trade Creditors	45,000	Cash		750
Bills Payable	12,000	Bank		12,000
Mrs. Arvind's Loan	7,500	Stock		7,500
Mrs. Balbir's Loan	15,000	Investments		15,000
Reserve Fund	15,000	Book Debts	30,000
Investments Fluctuation Reserve	1,500	Less: Provision for Doubtful Debts	3,000	27,000
Capital A/cs:		Building		22,500
Arvind 15,000		Plant		30,000
Balbir 15,000	30,000	Goodwill		6,000
		Profit and Loss A/c		5,250
	1,26,000			1,26,000

The firm was dissolved on the above date under the following arrangement:

a Arvind promised to pay off Mrs. Arvind's Loan and took Stock at 6,000. b Balbir took half the Investments @ 10% discount.

c Book Debts realised 28,500.

d Trade Creditors and Bills Payable were due on average basis of one month after 31st March, but were paid immediately on 31st March @ 2% discount per annum. e Plant realised 37,500; Building 60,000; Goodwill 9,000 and remaining Investments 6,750.

f An old typewriter, written off completely from the firm's books, now estimated to realise 450. It was taken by Balbir at this estimated price. g Realisation expenses were 1,500.

Show Realisation Account, Capital Accounts of Partners and Bank Account.

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