Naresh, Mahesh andThey decided to dissolve tiis to receive 5% of amouDISSOLUTION OF PARTNERSHIP FIRM-1443Vohesh and Suresh are partners in a firm sharing Profits & Losses in the ratio 4:3:3 respectively.ided to dissolve the firm and appoint Mahesh to realise the assets and distribute the proceeds. Maheshve 5% of amounts realised from stock and debtors as his remuneration.llowing is the Balance Sheet prepared by the firm as on the date of dissolution:LiabilitiesAmountAssetsAmountCreditorsCapitals :NareshMahesh30,00020,00059,000 CashDebtorsStock50,000 Capital A/c of Suresh1,09,0001,50043,00060,0004,5001,09,000Mahesh realised 35,000 from Debtors and 47,000 from Stock. Creditors were paid 57,500 in full settlement.Besides outstanding expenses of 500 were also paid. Suresh brings necessary cash.Show the Realisation Account, Partners' Capital Accounts and Cash Account.a r10 Atrod​