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Balance Sheet of P, Q and R as at 31st March, 2018, who were sharing profits in the ratio of 5 : 3 : 1 was: The partners dissolved the business. Assets realised Stock – ₹ 23,400; Debtors 50%; Fixed Assets 10% less than their book value. Bills Payable were settled for ₹ 32,000. There was an Outstanding Bill of Electricity ₹ 800 which was paid off. Realisation expenses ₹ 1,250 were also paid. Prepare Realisation Account, Partner’s Capital Accounts and Bank Account.

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tion:A legend is a genre of folklore that consists of a narrative featuring human actions perceived or believed both by TELLER and listeners to have TAKEN place within human history. Narratives in this genre may demonstrate human values, and POSSESS certain QUALITIES that give the tale verisimilitude



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