A and B are equal partners, when the partnership is dissolved, their capital is Rs. 40,000 and Rs. 50,000 respectively. After all, assets are sold and liabilities are paid. there is a cash balance of Rs. 80,000. What is the amount of profit or loss on realization?
1
10,000 (Profit)
2
20,000 (Profit)
3
30,000 (Profit)
4
10,000 (Loss)