Give necessary Journal entries for settlement of Partner's Loan at the time of dissolution of firm under the following alternative cases :
Case 1 . Loan from X (a Partner ) ₹ 25,000 , X's Capital Account (Credit Balance ) ₹ 30,000 .
Case 2. Loan from X (a Partner) ₹ 25,000 , X's Capital Account (Debit Balance ) ₹ 26,000 .
Case 3. Loan from X (a Partner ) ₹ 25 ,000 , X's Capital Account (Debit Balance ) ₹ 16,000.
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loan from X (a partner) 25000=x's
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