Apel, Ere and Inie have been in partnership since school days, sharing profits and losses in the ratio 3:2:1. On 31/12/2020, they have decided to dissolve their partnership. Below is their last statement of financial position prior to dissolution of the partnership.

Statement of financial position as at 31/12/2020.

Non-current asset.

Premises 150000

Machinery 36000

Motor vehicles 14000

200,000

CURRENT ASSETS

Inventory 11000

Trade receivable 7600

Bank 1200 19800

Total Assets 219800

Liabilities & Capitals

Trade payables 6400

Capital accounts

Apel 70000

Era 60000

Inie 50000

Additional information

1. Goodwill was valued & sold for Ghc30000, premises was sold for Ghc162000, machinery for Ghc24000 and inventory for Ghc12000.
2. The motor vehicle were taken over by partners at a agreed value as follow, Apel taken one for Ghc4000, Ere one for Ghc6000 and Inie one for Ghc3000.
3. An amount of Ghc7400 was collected from debtors and creditors were discharged for Ghc6280 the difference being due to discounts received.
4. The costs of dissolution amounted to Ghc700.

Required; Prepare

1. Realization account
2. Capital account in columner form
3. Bank account.