53,000; Final Payment made to A : 78, 24. Basant, Hemant and Sarat were partners in a firm sharing profits and losses in the ratio of 4:3 :3, Hint. Deficiency on account of C* 3,833 to be borne by A and B in the ratio of 6 : 4. proceeds. Hemant is to receive 5% commission on the amount realised from sale of assets and to bear all respectively. The firm was dissolved and Hemant was appointed to realise the assets and distribute the expenses of realisation. Balance Sheet on the date of dissolution was as under: Liabilities Assets 1,500 Creditors Basant's Capital Hemant's Capital 59,000 30,000 20.000 Cash Debtors Less: Provision 45,500 2,500 43,000 Stock Sarat's Capital 60,000 4,500 1,09,000 1,09,000 Debtors realised 35,000 : Stock * 45,000 ; Goodwill * 2,000 ; Creditors were paid 57,500 in full settlement. In addition, outstanding creditors > 500, were also paid. The expenses amounted to 600. Sarat is insolvent and brings 3,000 only from his estate. Show Realisation Account, Cash Account and Capital Accounts of the Partners