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6. Surekha and sunita are partners in a firm Their balance sheet as on 31.03.2017 was as follows:Balance sheet as on 31.03.2017LiabilitiesAmount AssetAmountCreditors1,50,000 Cash at bank50,000Billspayable50,000 Stock50,000CapitalsFurniture1,20,000Surekha1,20,000 Debtors40,000Sunita80,000 Buildings1,00,000Investments40,0004,00,0004,00,000On 01.04.2017 kavita is admitted into the partnership on the followingterms:a) She brings in Rs 60,000 as her capital and ? 20,000 towardsgoodwill for 1/4th Share in the future Profits. Goodwill is to bewithdrawn by the old partners.b) Depreciate furniture by 10% and appreciate buildings by 22,000c) Investments are to be revalued at 50,000d) Provide 2,000 for outstanding salary.Prepare: 1)Revaluation Account 2 Partner's capital account3) New balance sheet​

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