X, Y and Z were in partnership sharing profits and losses in the ratio of 2:1:1, respectively. On Dec 31, they decided to dissolve the partnership where their Balance Sheet stood as follows:

Liabilities

Rs

Assets

Rs

Trade Creditors

15,000

Premises

1,20,000

Loan (with a charge on premises)

90,000

Furniture

30,000

Loan from X

45,000

Stock

2,10,000

General Reserve

30,000

Sundry Debtors

1,50,000

Capitals:

Rs

Cash

9,000

X

1,50,000

Y

1,20,000

Z

69,000

3,39,000

5,19,000

5,19,000

The assets were realised in piecemeal as follows:

Jan 27 Premises: Rs 15,000 (received after meeting in full the liability on the mortgage ban); Sundry debtors – Rs 18,000; Stock – Rs 21,000

Feb 20 Sundry Debtors – Rs 22,500; Stock – Rs 25,500

Mar 25 Sundry Debtors – Rs 60,000; Stock – Rs 69,000

Apr 27 Sundry Debtors – Rs 45,000; Stock – Rs 75,000 and furniture Rs 24,000.

The remaining stock was taken over by Y at an agreed amount of Rs 9,000. The trade creditors were settled for Rs 12,000. The partners distributed cash at the end of every month beginning on Jan 31.

You are required to show the distribution of cash in the form of a statement applying the proportionate capital basis.