A, B and C are partners sharing profits and losses in the ratio of 5:3:2 respectively. A retires from the firm on 1st April 2019. After his retirement, his capital account shows a credit balance of OMR 135,000 after the necessary adjustments made. Give journal entry if OMR 45,000 is paid and balance in future.

a.

All of these are correct.

b.

Cs capital a/c Dr. 135,000; To Bank a/c 45,000; To Cs Loan a/c 90,000

c.

Cs Capital a/c Dr. 135,000; To Cs Loan a/c 135,000

d.

Cs Capital a/c Dr. 135,000; To Bank a/c 135,000