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, 2018 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 in ₹ 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 2017-18.(d) Depreciation on Building of ₹ 3,000 had been omitted for the year 2017-18.(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 2017-18 but ₹ 600 of this are related to the period after 31st March, 2018.