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M.282 An Aid to Accountancy—CBSE XII

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Fill in the missing values:

Dr. REALISATION ACCOUNT Cr.

Particulars ` Particulars `
To Debtors 1,24,200 By Provision for Doubtful Debts 1,200
To Stock 17,800 By Loan 11,500
To Furniture 11,000 By Creditors 16,000
To Other Sundry Assets 1,17,000 By Ram’s Capital A/c:
To Ram’s Capital A/c (Creditors) ? Furniture 8,000
To Mohan’s Capital A/c (Loan with Interest) ? Debtors 1,17,200 1,25,200
To Bank A/c (Expenses) 2,700 By Shyam’s Capital A/c:
Stock 17,000
Other Sundry Assets 72,000 89,000
By Mohan’s Capital A/c:
Other Sundry Assets 29,600
[(` 1,17,000 – ` 80,000) × 80/100]
By Bank A/c (Remaining Debtors) ?
By Loss transferred to:
Ram’s Capital A/c 11,160
Shyam’s Capital A/c 11,160
Mohan’s Capital A/c 5,580 27,900
3,02,500 3,02,500

Dr. PARTNERS’ CAPITAL ACCOUNTS Cr.
Particulars Ram (`) Shyam (`) Mohan (`) Particulars Ram (`) Shyam (`) Mohan (`)
To Realisation A/c ? ? ? By Balance b/d 1,27,500 1,10,000 17,000
To Realisation A/c (Loss) 11,160 11,160 5,580 By Realisation A/c 16,000 ... ?
To Bank A/c ? ? ... By Bank A/c ... ... ?
(Final payment) (Cash brought)
1,43,500 1,10,000 35,180 1,43,500 1,10,000 35,180

Dr. BANK ACCOUNT Cr.
Particulars ` Particulars `
To Balance b/d 13,200 By Realisation A/c (Expenses) ?
To Realisation A/c (Debtors) 2,100 By Ram’s Capital A/c (Final Payment) ?
To Mohan’s Capital A/c 4,380 By Shyam’s Capital A/c (Final Payment) ?
19,680 19,680

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