Tara, Meera and Neera were partners in a firm sharing profits and losses equally. Their capitals on 1st April, $\displaystyle 2025$ were ₹ $\displaystyle 4,00,000$; ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 2,00,000$ respectively. The firm closes its books on 31st March every year. Tara died on 30th June, 2025. The partnership deed provides that in the event of death of a partner, her legal representatives will be entitled to the following : (i) Interest on capital @ $\displaystyle 6$% p.a. (ii) Her share in the profits of the firm till the date of her death. Tara had withdrawn ₹ $\displaystyle 8,000$ for her treatment till 30th June, $\displaystyle 2025$ and interest on drawings @ $\displaystyle 12$% p.a. is to be charged. Her share in the profits of the firm was to be calculated on the basis of last year's profit. Last year's profit amounted to ₹ $\displaystyle 1,80$,000. Prepare Tara's Capital Account to be presented to her legal representatives on her death.

Dr. Tara’s Capital A/c Cr. Date Particulars Amount Date Particulars Amount (`) (`) $\displaystyle 2025$ $\displaystyle 2025$ To Drawings A/c April $\displaystyle 1$ By Balance b/d June $\displaystyle 30$ $\displaystyle 8,000$ ($\displaystyle 1$/$\displaystyle 2$) $\displaystyle 4,00,000$ To Interest on June $\displaystyle 30$ June $\displaystyle 30$ By Interest on $\displaystyle 120$ $\displaystyle 6,000$ Drawings A/c Capital A/c June $\displaystyle 30$ To Tara’s Legal June $\displaystyle 30$ By P&L Suspense A/c $\displaystyle 15,000$ Representatives $\displaystyle 4,12,880$ /Executors A/c $\displaystyle 4,21,000$ $\displaystyle 4,21,000$ .