Amount Amount Particulars L.F. Rs Rs 1,00,000 Dr. Realisation Ale To Sundry Assets A/c (Assets other than cash and bank transferred to Realisation Account) 1,00,000 Dr. 40,000 40,000 Atul's Capital Alc To Realisation Alc (Atul took over 50% of assets worth Rs 1,00,000 at 20% discount) [1,00,000 X (50/100) (80/100) 26,0001 26.000 Bank Alc Dr. To Realisation A/C (Assets worth Rs 20,000, i.e. 40% of assets of Rs 50,000 are sold at a profit of 30%) [50,000