Archana, Vandana and Arti were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. Their Balance Sheet on 31st March, 2023 was as…

Dr Realisation A/c Cr Particulars Amount Particulars Amount ₹ ₹ To Investments A/c $\displaystyle 80,000$ By Creditors A/c $\displaystyle 60,000$ To Plant A/c $\displaystyle 1,00,000$ To Stock $\displaystyle 40,000$ By Bank A/c To Debtors A/c $\displaystyle 50,000$ Debtors $\displaystyle 40,000$ Stock $\displaystyle 50,000$ To Bank $\displaystyle 60,000$ Plant $\displaystyle 60,000$ $\displaystyle 1,50,000$ To Arti’s Capital A/c $\displaystyle 20,000$ By Vandana’s capital A/c $\displaystyle 18,000$ By Archana’s capital A/c $\displaystyle 54,000$ By Loss transferred to Partners’ Capital A/c: Archana $\displaystyle 34,000$ Vandana $\displaystyle 20,400$ Arti $\displaystyle 13,600$ $\displaystyle 68,000$ $\displaystyle 3,50,000$ $\displaystyle 3,50,000$