Mohanlal. Anandraj and krishnalal are parthers sharing their profit and losses in the ratio of 1:1:1 Their Balance sheet as on 3 lst march 2016 was as underi Balance sheet as on \( B^{1 \text { st }} \) marchizol6. The partmership firm was dissalved due to unsound financial position of all partmers. mohanlal and krishnalal coud not bring ang amount but Apoddraj Could bring ₹ 21000 fll are declared as insolvent. Assets realised as:- (1) stock in Trade * 6100 (2) Sundry Debtor \( ₹ 6500 \) (3) plant and machinerg f 16000 (4) Fumiture \( \times 5000 \) (5) land and building \( ₹ 12000 \) (6) Dissolution expenses \( \pi 600 \). prepare necessary ledger Accounts to clase the boder of the firm.
