09: Rita, Geeta and Ashish were partners in a firm sharing profits/losses in the ratio of 3:2:1. On March 31, 2006 their balance sheet was as follows: Amount Amount Liabilities Capitals: Rita Geeta Ashish Creditors Bills payable General reserve Rs Assets Cash 80,000 Debtors 50.000 Stock 30,000 1,60,000 Investments 65.000 Plant 26,000 20,000 2.71.000 Rs 22 500 52,300 36,000 69,000 91,200 2,71.000 n38 On the date of above mentioned date the firm was dissolved: 1. Rita was appointed to realise the assets. Rita was to receive 5% commission on the rate of assets (except cash) and was to bear all expenses of Realisation, 2. Assets were realised as follows: Debtors Stock Rs 30,000 26,000 Plant 42,750 3. Investments were realised at 85% of the book value, 4. Expenses of Realisation amounted to Rs 4,100, 5. Firm had to pay Rs 7.200 for outstanding salary not provided for earlier, 6. Contingent liability in respect of bills discounted with the bank was also materialised and paid off Rs 9,800, Prepare Realisation Account, Capital Accounts of Partners' and Cash Account