Truong and Son who sSonre profits and loss equally, decide to dissolve their partnership as 30 June 2020. The balance sheet on tSont date as follows: Buildings $'000 80,000 Tools and fixtures 2,900 Goodwill 10,000 Accounts receivable 8,400 Cash 600 Total assets 101,900 Accounts payable 4,100 97,800 |Capital: Truong 57,680 Capital: Son 40,120 97,800 The accounts receivable realized $8,200, buildings $90,000 and tools and fixtures $20,800. The expense of dissolution were $400 and discount totalling $300 were received from trade creditors. Required: Prepare the following accounts: a) Realization account (7 marks) b) Cash account (4.5 marks) c) Capital accounts of Truong and Son (6.5 marks)