When a partner takes over any asset (furniture in this case) at the time of dissolution, the asset is being disposed of from the firm's books. This means the firm is transferring the asset to that partner.
Journal Entry:
Partner's Capital A/c Dr.
To Realisation A/c
Explanation:
When assets are initially transferred to Realisation Account at dissolution, Realisation Account is debited. But when a partner takes over an asset, it means that asset is now disposed of to that partner. The Realisation Account gets credited (as the asset goes out), and the partner's Capital Account is debited because the value of the asset taken is adjusted against their capital balance.
This is similar to the partner "purchasing" the asset from the firm, and the payment is made by reducing their capital balance in the firm.
Therefore, Partner's Capital Account will be debited.