On 31st March, 2011 the following was the balance sheet of A, B and C when the firm was broken up:
Speculations were assumed control by A for Rs. 13,000 though charges receivable were assumed control by B for Rs. 4,800, settled resources brought Rs. 17,000 though stock acknowledged Rs. 60,000. Every one of the indebted individuals paid the sums due from them. Aggregate discount of Rs. 110 was gotten on resigning all bills payable instantly. Costs of acknowledgment came to Rs. 1,441. Pass Journal passages to close the books of the firm and show Realization Account, Bank Account, and the Capital Accounts of the considerable number of accomplices.