Pass necessary journal entries for the following transactions on dissolution of the firm of Rajesh, Somesh and Yogesh after various assets (other…

Pass necessary journal entries for the following transactions on dissolution of the firm of Rajesh, Somesh and Yogesh after various assets (other than cash) and third party liabilities have been transferred to Realisation Account : (i) Rajesh took over stock of ₹ $\displaystyle 4,00,000$ at a discount of $\displaystyle 20$%. (ii) Somesh agreed to take over the firm's furniture, not recorded in the books of the firm at ₹ $\displaystyle 80$,000. (iii) Land and Building of the book value of ₹ $\displaystyle 60,00,000$ was sold for ₹ $\displaystyle 90,00,000$ through a broker who charged $\displaystyle 10$% commission. (iv) Ashish, an old customer, whose account for ₹ $\displaystyle 70,000$ was written off as bad in the previous year, paid $\displaystyle 60$% of the amount. (v) Sundry Creditors of ₹ $\displaystyle 3,00,000$ were settled at a discount of $\displaystyle 10$%. (vi) Realisation expenses amounting to ₹ $\displaystyle 21,000$ were paid by Yogesh.