Saket and Suveni were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at 31st March, 2025 was as follows:…

Books of Saket and Suveni Dr. Realisation A/c Cr. Particulars Amount Particulars Amount (₹) (₹) To Sundry Assets: By Sundry Liabilities: Machinery $\displaystyle 15,00,000$ Bank overdraft $\displaystyle 8,00,000$ Investments $\displaystyle 8,00,000$ Creditors $\displaystyle 12,00,000$ $\displaystyle 20,00,000$ Debtors $\displaystyle 10,00,000$ By Bank/Cash A/c $\displaystyle 8,00,000$ Stock $\displaystyle 4,00,000$ $\displaystyle 37,00,000$ (Debtors) To Bank/ Cash a/c $\displaystyle 5,76,000$ By Bank/ Cash A/c $\displaystyle 13,50,000$ (Creditors) (Machinery) To Bank/ Cash a/c $\displaystyle 8,00,000$ By Suveni’s Capital A/c $\displaystyle 12,00,000$ (Bank overdraft) (Investments) To Suveni’s Capital A/c $\displaystyle 20,000$ (Expenses) To Profit transferred to capital A/c: Saket $\displaystyle 1,52,400$ Suveni $\displaystyle 1,01,600$ $\displaystyle 2,54,000$ $\displaystyle 53,50,000$ $\displaystyle 53,50,000$