A, B & C are partners sharing profits in proportion to their capital. B retired from the firm on 1st April 2021 and the remaining partners decided to carry on the partnership with a profit-sharing ratio of 3:1. At the time of retirement, their capital accounts show balance- A- ₹450000, B- ₹300000, and C ₹150000. There is also a debit balance of P & L A/c of ₹12000. The firm has debtors of ₹100000 on which ₹2000 is made for provision for doubtful debts. The assets and liabilities of the partnership firm are as follows-
Creditors- ₹108000
General reserve- ₹12000
Cash balance- ₹80000
Stock- ₹90000
Machinery- ₹240000
Land- ₹500000
Goodwill= ₹180000

If in revaluation A/c B's share of profit is ₹10000. How much balance is transferred to his loan account if ₹50000 is paid in cash?

₹320000

B capital= ₹300000
General Reserve share= 12000*2/6=₹4000
Goodwill share= ₹60000
Revaluation profit= ₹10000
i) Total amount credited to B= 300000+4000+60000+10000= ₹374000
Debit balance of p & l account share= 12000*2/6= ₹4000
Amount given in cash= ₹50000
ii) Total amount debited= 4000+50000=₹54000 
Deduct ii) from i)= 374000-54000= ₹320000( AMOUNT TRANSFERRED TO HIS LOAN ACCOUNT)