A, B & C are partners sharing profits in the ratio of 2:2:1. At the end of the year, the balance sheet shows the following information-
Capital accounts of partner- A ₹600000, B ₹480000 C ₹480000
General reserve= ₹440000
Workmen compensation reserve= ₹360000
Creditors= ₹240000
Land=  ₹800000
Building= ₹600000
Furniture= ₹240000
Debtors= ₹400000(including ₹20000 for provision)
Stock= ₹440000
Cash= ₹140000

Workmen's compensation claim was determined at ₹160000. How much amount is left with the firm after distribution and claim?

Zero

Fund= ₹360000
Claim= ₹160000
Remaining amount= 360000-160000= ₹200000 which will be distributed to partners in their profit-sharing ratio because it is an accumulated reserve. So no amount left with the firm.