please help me in constructing the accounts

Question 1

Rex and David are in partnership sharing profits and losses equally. On 30" July 2021, Rex and David admit Marica into partnership on payment of $12 000 cash. The assets and liabilities and owner's equity of Rex and David were as follows: Statement of Financial Position of Rex and David as at 30th July 2021 $ Assets Liabilities Cash at bank 4 000 Accounts payable 20 000 Accounts receivable 3 000 Less prov. for doubtful debts 500 2 500 Proprietorship Inventories 10 000 Capital - Rex 37 250 Plant and Equipment 28 000 Capital - David 37 250 Land 50 000 4 50 94 5010 To reflect the fair values, it was agreed to make the following adjustments on the admission of Marica Inventories to be revalued at $8 000. Provision for doubtful debts to be increased to $700. (means $700 - $500 = $200). The amount $200 will be recorded. Depreciation on plant and equipment was $5 600. Land to revalued at $70 000. Goodwill was raised from zero to $5 000. (means you will record the $15 000) Required: 1. Prepare the Capital Adjustment Account. (4 marks) 2. Capital Accounts of Rex, David, and Marica.Eseta and Bimal are in partnership sharing profits and losses in a 3:2 ratio. On April 30" 2021 they agree to dissolve the partnership. At that date their assets, liabilities, and owner's equity were as follows: Assets S Liabilities Cash at bank 3 440 Accounts payable 7 220 Inventories 11 780 Mortgage on Land 25 000 Accounts receivable 10 900 Owner's Equity Less prov for doubtful. Debts 900 10 000 Land 45 000 Capital - Eseta 41 000 Furniture and Fittings 12 000 Capital - Bimal 22 000 Less Acc Depreciation 2 000 10 000 Goodwill 15 000 95 220 95 220 The cash realized from the sale of assets amounted to $108 000. The realization expenses were $1 000. The liabilities were paid in full. The realization was completed on 25th May 2021. Required: 1. Prepare the Realization account. (5%% marks) 2. The capital account of Eseta and Bimal. (3 marks) 3. The Cash at the bank