Record journal entry relating to realisation expenses:

Based on following Balance Sheet of Tarnav and Manav as at 31^st March 2022, answer question:

                       Balance Sheet as at 31^st March 2022

Liabilities	₹	Assets	₹
Sundry Creditors  Sanjay’s Loan  General Reserve  Workman Compensation Reserve   Provision For Doubtful Debts  Capital :           Tarnav                   10,000           Manav                   10,000	30,000 5,000 11,000 12,000 2,000 20,000	Cash at Bank  Stock in Trade   Debtors  Plant  Goodwill	13,000 5,000 20,000 30,000 12,000
	80,000		80,000

On that date the firm was dissolved on the following term:

(i) Tarnav promised to pay Sanjay's loan and took over stock in trade at ₹4,000.
(ii) Creditors payable after one month, were paid immediately at 6% discount.
(iii) Debtors of ₹1,000 proved bad, plant realised 130%.
(iv) Expenses on Realisation were ₹1,500 borne and paid by Manav.
(v) Manav took over an old computer completely written off from the book at ₹500.