AE, BF and CG were partners in a firm named Sampark sharing profits and losses in the ratio of 3:2:1. They decided to dissolve their firm w.e.f. 31st December, 2025, the Balance Sheet on which date was as follows: Liabil

AE, BF and CG were partners in a firm named Sampark sharing profits and losses in the ratio of 3:2:1. They decided to dissolve their firm w.e.f. 31st December, 2025, the Balance Sheet on which date was as follows: Liabilities ₹ Assets ₹ Creditors 30,000 Machinery 54,000 Loan on mortgage 24,000 Stock 24,000 Joint Life Policy Reserve 15,000 Debtors 36,000 Capital A/c-AE 48,000 Less: Provision -2,000 Capital A/c-BF 36,000 Debtors (Net) 34,000 Capital A/c-CG 21,000 Joint Life Policy 18,000 Patents 27,000 Cash at bank 17,000 Total 1,74,000 Total 1,74,000 Additional Information: Joint life policy was surrendered and insurance company paid a sum of ₹ 20,000. BF took some of the patents at ₹ 4,000 whose book value was ₹ 6,000. The remaining assets were realised as follows: Machinery = ₹ 35,000; Stock = ₹ 18,000; Debtors = ₹ 30,000; Patents = 50% of the book value. Liabilities were paid and discount of ₹ 1,500 was allowed by the creditors. Expenses of dissolution amounted to ₹ 2,000. Prepare the necessary ledger accounts to close the books of the firm.