Which of the following will be shown in Capital Account at the time o…

The correct answer is Option (4) → P & L (Dr) Balance of ₹30,000

A debit balance of Profit and Loss Account is an accumulated loss. On dissolution accumulated losses, like accumulated profits and reserves, are transferred to the partners’ capital accounts in their profit sharing ratio.

Option (1) Goodwill appearing in old Balance Sheet — Incorrect. Goodwill is an asset; it is transferred to the debit of the Realisation Account.

Option (2) Investments appearing in old Balance Sheet — Incorrect. Investments are assets; they too go to the Realisation Account.

Option (3) Workmen Compensation Reserve of ₹20,000 against which workmen claim is ₹25,000 — Incorrect. The whole reserve is needed for the claim, so it goes to the Realisation Account and nothing is left for the partners.