1. X took over the investments @25% more than the book value.
2. Y took over the drs amounting to Rs 5000 at Rs 4000. Remaining drs realised 75% of their book value.
3. Stock is sold for Rs 59000 and plant is sold for Rs 40000.
4. Realisation expenses amounted to Rs 1000. It was also found that there is a liability for Rs 8000 for damages, which also to be paid.
Prepare all necessary accounts.