P, Q and R share profits in proportion of 41,21 and 41 . On the date of dissolution their Balance Sheet was as follows: Liabilities Rs. Assets Rs. Creditors 14,000 sundry Assets 40,000P's Capital 10,000 Q’s Capital 10,000 R’s Capital 6,000 40,000 The assets realised Rs. 35,500. Creditors were paid in full. Realisation expenses amounted to Rs. 1,500. Close the books of the firm

P, Q and R share profits in proportion of 41,21 and 41 . On the date

1.	P, Q and R share profits in proportion of 41,21 and 41 . On the date of dissolution their Balance Sheet was as follows: Liabilities Rs. Assets Rs. Creditors 14,000 sundry Assets 40,000P's Capital 10,000 Q’s Capital 10,000 R’s Capital 6,000 40,000 The assets realised Rs. 35,500. Creditors were paid in full. Realisation expenses amounted to Rs. 1,500. Close the books of the firm
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