Anita, Gaurav and Suresh were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 3$ : 3. On 1st April, $\displaystyle 2025$, Gaurav retired. On the date of Gaurav's retirement, there existed a balance of ₹ $\displaystyle 1,50,000$ in Workmen's Compensation Fund. Pass the necessary journal entries for treatment of Workmen's Com ensation Fund on Gaurav's retirement in each of the following cases : (i) l i aunt of Workmen's Compensation was estimated at ₹ $\displaystyle 2,00$,000. (ii) i ccount of Workmen's Compensation was estimated at ₹ $\displaystyle 1,20$,000. (iii) $\displaystyle 1$ i ccount of Workmen's Compensation was estimated at ₹ $\displaystyle 1,50$,000.

Books of Anita, Gaurav and Suresh Journal Date Particulars L. Dr. Cr. F. Amount Amount (₹) (₹) $\displaystyle 2025$ (i) Apl1 Workmen’s Compensation Fund A/c Dr. $\displaystyle 1,50,000$ Revaluation A/c Dr. $\displaystyle 50,000$ To Provision / Claim for Workmen’s $\displaystyle 2,00,000$ Compensation A/c (Workmen compensation claim estimated at ₹$\displaystyle 2,00,000$) ,, (ii) Workmen’s Compensation Fund A/c Dr. $\displaystyle 1,50,000$ To Provision / Claim for Workmen’s Compensation A/c $\displaystyle 1,20,000$ To Nandini’s Capital A/c $\displaystyle 12,000$ To Shweta’s Capital A/c $\displaystyle 9,000$ To Hiren’s Capital A/c $\displaystyle 9,000$ (Workmen compensation claim estimated at ₹$\displaystyle 1,20,000$ $\displaystyle 000$ and balance transferred to partners’ capital A/cs) ,, (iii) Workmen’s Compensation Fund A/c Dr. $\displaystyle 1,50,000$ To Provision / Claim for Workmen’s $\displaystyle 1,50,000$ Compensation A/c (Workmen compensation claim estimated at ₹$\displaystyle 1,50,000$)