Rishan, Suzane and Tapti were partners in a firm sharing profits and losses equally. On 31st March, 2023 their Balance Sheet was as follows: Balance…

Dr. Realisation Account Cr. Particulars Amount Particulars Amount (₹) (₹) To Sundry Assets t/f: By Sundry Liabilities t/f: Debtors $\displaystyle 40,000$ Creditors $\displaystyle 60,000$ $\displaystyle 60,000$ Stock $\displaystyle 60,000$ Investments $\displaystyle 80,000$ By Suzane’s Capital A/c (Inv) $\displaystyle 1,00,000$ Plant & Equipment $\displaystyle 2,00,000$ $\displaystyle 3,80,000$ By Tapti’s Capital A/c (stock) $\displaystyle 36,000$ To Rishan Capital A/c (exp) $\displaystyle 20,000$ By Bank A/c: Plant & Equipment $\displaystyle 1,80,000$ To Bank A/c: Debtors $\displaystyle 40,000$ Creditors $\displaystyle 60,000$ $\displaystyle 60,000$ Stock $\displaystyle 19,000$ $\displaystyle 2,39,000$ By Loss transferred to Partners’ Capital A/c Rishan $\displaystyle 8,333$ Suzane $\displaystyle 8,333$ Tapti $\displaystyle 8,334$ $\displaystyle 25,000$ $\displaystyle 4,60,000$ $\displaystyle 4,60,000$