Aadish and Shreyansh were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2022 their Balance Sheet was as follows:…

Books of Aadish and Shreyansh Dr. Realisation A/c Cr. Particulars (₹) Particulars (₹) To Sundry Assets: By Sundry Liabilities: Stock $\displaystyle 24,000$ Creditors $\displaystyle 90,000$ Investment $\displaystyle 30,000$ Mrs. Aadish’s Loan $\displaystyle 30,000$ Debtors $\displaystyle 20,000$ Provision for Doubtful $\displaystyle 2,000$ $\displaystyle 1,22,000$ Plant $\displaystyle 1,00,000$ $\displaystyle 1,74,000$ Debts By Cash A/c / Bank A/c: Debtors $\displaystyle 17,000$ To Aadish’s Capital A/c $\displaystyle 30,000$ Plant $\displaystyle 1,10,000$ (Mrs. Aadish’s loan) Investment $\displaystyle 4,500$ $\displaystyle 1,31,500$ To Cash A/c/ Bank A/c: Creditors $\displaystyle 81,000$ By Aadish’s Capital A/c $\displaystyle 20,000$ Realisation Expenses $\displaystyle 7,000$ $\displaystyle 88,000$ (Stock) By Shreyansh’s Capital A/c $\displaystyle 13,500$ (Investment) By loss transferred to Partners’ Capital A/c : Aadish $\displaystyle 3,000$ Shreyansh $\displaystyle 2,000$ $\displaystyle 5,000$ $\displaystyle 2,92,000$ $\displaystyle 2,92,000$