chapter partnership firm , dissolution of firm

Illustration 5 M/s X, Y, and Z who were in partnership sharing profits and losses in the ratio of 2:2:1 respectively, had the following Balance Sheet as on December 31, 20X1: Liabilities Capital: X 29,200 Y 10,800 Assets Fixed Assets Stock 40,000 25,000 Z 10,000 50,000 Book Debts 5,000 Less: Provision Z's Loan Loan from Mrs. X 10,000 Cash 25,000 (5,000) 20,000 1,000 Sundry Trade Creditors 25,000 Advance to Y 4,000 90,000 90,000 The firm was dissolved on the date mentioned above due to continued losses. After drawing up the balance sheet given above, it was discovered that goods amounting to 4,000 have been purchased in November, 20X1 and had been received but the purchase was not recorded in books. Fixed assets realized 20,000; Stock 21,000 and Book Debt 20,500. Similarly, the creditors allowed a discount of 2% on average. The expenses of realization come to 1,080. X agreed to take over the loan of Mrs. X. Y is insolvent, and his estate is unable to contribute anything. Give accounts to close the books; work according to the decision in Garner vs. Murray., sir esme advance to y kyo nhi aaya realisation account me??