Read the following information carefully and answer the next five questions.

G, K and B were partners running a partnership for last 10 years, sharing profit and loss in the ratio of 5:3:2. Post Covid, their firm was affected badly and started incurring losses. On 31st March,2023 they all decided to dissolve the firm due to continuous losses. Their capital balances were ₹4,00,000, ₹3,00,000 and ₹2,00,000 respectively. Firm had liabilities ₹80,000, cash balance ₹40,000, other sundry assets ₹8,50,000 and P&L A/c constituted the rest. Assets realised at 80% and liabilities were paid in full. There was unrecorded liability of ₹50,000 which was settled at ₹40,000. Realisation expenses amounted to ₹30,000 being paid by G on behalf of the firm.

The entry for realisation expenses in the above case study will be-

Realisation A/c Dr.
     To G's Capital A/c 

The correct answer is option 2-
Realisation A/c Dr.
     To G's Capital A/c  

Firm had to bear the expenses but these were paid by partner so partner account is credited with the amount of expenses to show the increase the capital balance and Realisation account is debited with the same amount.