A B and C were partners sharing profits in the ratio of 5 3 2 On 31st March 2019 A 39 s Capital and ......

A, B and C were partners sharing profits in the ratio of 5 : 3 : 2. On 31st March, 2019, A's Capital and B's Capital were 30,000 and 20,000 respectively but C owed 5,000 to the firm. The liabilities were 20,000. The assets of the firm realised 50,000.

Prepare Realisation Account, Partner's Capital Accounts and Bank Account.

By: Aman