Please help. I will mark as brainliest.
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Explanation:
realisation AC Dr side To sundry Assets
- stock
- furniture
- investment
- machinery
- Building
- Debtors
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The totals are
- Realisation account 3,90,000 , loss 20,700
- Jay's loan account 3000
- Partners capital account Jay 1,68,000 Vijay 1,62,000 balance carried down(dr side) Jay 1,27,980 Vijay 69,720
- Bank account 2,40,000
Hope this helps you
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