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3.116 Dr. Particulars RE th) CASH ACCOUNT Rs. Particulars 3.200 By Y's Capital Alc 3.600 By Balance cld 1,500 To Balance IV To Z's Capital Me To Premium (Goodwill) Me To X's Capital Alc NO 9.100 To Balance hd 8.500 GRADED ILLUSTRATIONS (HOTS) ILLUSTRATION 1 (Preparation of Balance Sheet of reconstituted firm). A and B are parts in the firm sharing profits and losses as 70% and 30% On 1 April 2010, position was as given below Sha 24 BALANCE SHEET as of LOJ.2010 Liabilities Rs. Assets 15.00 Cash at Bank Debtors 3.00 Creditors Workmen's Comensation Reserve General Reserye A's Capital B's Capital 30W 2009 Stock Plant- Plant-2 Profit and Loss Als 90.000 Cits to share in the future profilson 1:4.2010. He brings R10,000 for Foodwill he has a strede ind of the combined capital of this partners djects are carried out I was decided To decres Pants Plant-2 by md 205 respective To i Stocka 16.00, Ta Provision for a Del R$ 3.000 Ne Rate Altheat