A creditor to whom ₹10,000 was due accepts office equipment worth ₹8,000 and is paid ₹2,000 in cash at the time of dissolution of partnership firm. What will be the journal entry for this?

Realisation A/c Dr. ₹2,000
      To Bank A/c              ₹2,000

The correct answer is option 3-
Realisation A/c Dr. ₹2,000
      To Bank A/c              ₹2,000
(Creditor accepts equipment)

For settlement with the creditor through transfer of assets when a creditor accepts an asset in full and final settlement of his account, no journal entry needs to be recorded. But, if the creditor accepts an asset only as part payment of his/her dues, the entry will be made for cash payment only. So, a creditor to whom Rs. 10,000 was due accepts office equipment worth Rs. 8,000 and is paid Rs. 2,000 in cash, entry shall be made for the payment of Rs. 2,000 only. So, the following journal entry is made-
Realisation A/c Dr. ₹2,000
      To Bank A/c              ₹2,000