Mohit, Anisha and Shivam were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$:$\displaystyle 3$:2. On 30th September, $\displaystyle 2023$ Mohit died. After all necessary adjustments, Mohit's capital account showed a credit balance of ₹ $\displaystyle 4,50$,000. On 1st October $\displaystyle 2023$, Mohit's executors were paid ₹ $\displaystyle 50,000$ in cash and the balance in two equal yearly instalments starting from 30th September, $\displaystyle 2024$ with interest @ $\displaystyle 6$% p.a. on the unpaid amount. The firm closes its books on $\displaystyle 315$* March every year. Prepare Mohit's Executors account till the Amount is finally paid.

Dr. Mohit’s Executors Account Cr. Date Particulars Amount Date Particulars Amount (₹) (₹) $\displaystyle 2023$ $\displaystyle 2023$ Oct $\displaystyle 1$ To Bank/Cash A/c $\displaystyle 50,000$ Sep $\displaystyle 30$ By Mohit’s Capital A/c $\displaystyle 4,50,000$ ½ ½ $\displaystyle 2024$ $\displaystyle 2024$ Mar $\displaystyle 31$ ½ $\displaystyle 4,12,000$ Mar $\displaystyle 31$ ½ $\displaystyle 12,000$ To Balance c/d By Interest A/c $\displaystyle 4,62,000$ $\displaystyle 4,62,000$ $\displaystyle 2024$ $\displaystyle 2024$ Sep $\displaystyle 30$ To Bank/Cash A/c $\displaystyle 2,24,000$ Apr $\displaystyle 1$ By Balance b/d ½ $\displaystyle 4,12,000$ Sep $\displaystyle 30$ ½ $\displaystyle 12,000$ By Interest A/c $\displaystyle 2025$ $\displaystyle 2025$ Mar $\displaystyle 31$ ½ $\displaystyle 2,06,000$ Mar $\displaystyle 31$ ½ $\displaystyle 6,000$ To Balance c/d By Interest A/c $\displaystyle 4,30,000$ $\displaystyle 4,30,000$ $\displaystyle 2025$ $\displaystyle 2025$ Sep $\displaystyle 30$ To Bank/Cash A/c $\displaystyle 2,12,000$ Apr $\displaystyle 1$ ½ $\displaystyle 2,06,000$ By Balance b/d Sep $\displaystyle 30$ $\displaystyle 6,000$ By Interest A/c ½ $\displaystyle 2,12,000$ $\displaystyle 2,12,000$ .