Q2 Illustration 2 Amal and Bimal are in equal partnership. Their Balance Sheet stood as under on 31st March, 2006 when the firm was dissolved: Creditors A/C Amal's Capital A/C Rs. 4,800 750 Rs. 2,500 500 1000 Plant & Machinery Furniture Debtors Stock Cash Bimal's drawings 800 200 550 5.550 5.550 The assets realised as under: 400 Rs. Plant & Machinery 1,250 Furniture 150 Debtors Stock The expenses of realisation amounted to Rs. 175. Amal's private estate is not sufficient even to pay his private debts, whereas Bimal's private estate has a surplus of Rs. 200 only. Show necessary ledger accounts to close the books of the firm. 500