Read the following carefully and answer the questions :

G, K and B were partners running a partnership for last 10 years, sharing profit and loss in the ratio of 5 : 3 : 2. Post Covid, their firm was affected badly and started incurring losses. On 31st March, 2023 they all decided to dissolve the firm due to continuous losses. Their capital balances were Rs. 4,00,000, Rs. 3,00,000 and Rs. 2,00,000 respectively. Firm had liabilities Rs. 80,000, Cash balance Rs. 40,000, other Sundry Assets Rs. 8,50,000 and P&L A/c constituted the rest. Assets realised at 80% and liabilities were paid in full. There was unrecorded liability of Rs. 50,000 which was settled at Rs. 40,000. Realisation expenses amounted to Rs. 30,000, being paid by G on behalf of the firm.