A and B are partners in a firm sharing profits in the ratio of 3 : 2. They admit C as a partner on 1st April, 2019 on which date the Balance Sheet of the firm was: Liabilities ₹ Assets ₹ Capital A/cs: Building 50,000 A 60,000 Plant and Machinery 30,000 B 40,000 1,00,000 Stock 20,000 Creditors 20,000 Debtors 10,000 Bank 10,000 1,20,000 1,20,000 You are required to prepare the Revaluation Account, Partners' Capital Accounts and Balance Sheet of the new firm after considering the following:(a) C brings ₹ 30,000 as capital for 1/4th share. He also brings ₹ 10,000 for his share of goodwill.(b) Part of the Stock which had been included at cost of ₹ 2,000 had been badly damaged in storage and could only expect to realise ₹ 400.(c) Bank charges had been overlooked and amounted to ₹ 200 for the year 2018-19.(d) Depreciation on Building of ₹ 3,000 had been omitted for the year 2018-19.(e) A credit for goods for ₹ 800 had been omitted from both purchases and creditors although the goods had been correctly included in Stock.(f) An expense of ₹ 1,200 for insurance premium was debited in the Profit and Loss Account of 2018-19 but ₹ 600 of this are related to the period after 31st March, 2019.