At the time of dissolution of a firm, the Bank Loan was ₹60,000 which was paid by Bhuvan (a partner) along with one year interest at 6%, which journal entry will be passed in the books of the firm :-

Realisation A/c Dr.   63,600
      To Bhuvan's Capital A/c  63,600

The correct answer is option 1-
Realisation A/c Dr.   63,600
      To Bhuvan's Capital A/c  63,600.

Loan amount = 60,000
Interest = 6%
Total amount paid = (Loan amount + Interest)
                           = [60,000 + (60,000 x 6/100)]
                           = (60,000 + 3,600)
                           = 63,600 

Bank loan is a outside liability which was transferred to realisation account and it is paid by partner so his capital account is credited. So, the correct journal entry is as follows-
Realisation A/c Dr.   63,600
      To Bhuvan's Capital A/c  63,600