1. general reserve A/C Dr. 30000
to M capital A/C 15000
To N capital A/C 9000
To G's capital A/C 6000
2. M's capital A/C Dr. 12500
N's capital A/C Dr. 7500
G's capital A/C Dr. 5000
to P&L A/C 25000
3. N's capital A/C Dr. 30000
G's capital A/C Dr. 120000
to M's capital A/C 150000
4. revaluation A/C Dr. 55000
to patent A/C 30000
to stock A/C 2500
to M/C a/c 7500
to bldg A/C 5000
to crs A/C 10000
5. provision for doubtful debts A/C Dr. 850
to revaluation A/C 850
6. M's capital A/C Dr. 27075
N's capital A/C Dr. 16245
G's capital A/C Dr. 10830
to revaluation A/C 54150
7. M's capital A/C Dr. 275425
to M's loan A/C 275425
