A , B and C are partners sharing profits and losses in the ratio of 3 : 2 : 1 respectively. Their Balance Sheet as at 31st March , 2108 is as follows: Liabilities ₹ Assets ₹ Capital A/cs: Land and Building 50,000 A 60,000 Plant and Machinery 40,000 B 60,000 Furniture 30,000 C 40,000 1,60,000 Stock 20,000 Creditors 30,000 Debtors 30,000 Bills Payable 10,000 Bills Receivable 20,000 Bank 10,000 2,00,000 2,00,000 D is admitted as a new partner on 1st April, 2018 for an equal share and is to pay ₹ 50,000 as capital .Following are the adjustments required on D's admission :(a) Out of the Creditors , a sum of ₹ 10,000 is due to D which will be transferred to his capital Account.(b) Advertisement Expenses of ₹ 1,200 are to be carried forward to next accounting period as Prepaid Expenses.(c) Expenses debited in the Profit and Loss Account includes a sum of ₹ 2,000 paid for B's personal expenses.(d) A Bill of Exchange of ₹ 4,000, which was previously discounted with the banker, was dishonoured on 31st March, 2018 but no entry has been passed for that .(e) A Provision for Doubtful Debts 5% is to be created against Debtors .(f) Expenses on Revaluation amounted to ₹ 2,100 is paid by A . Prepare necessary Ledger Accounts and Balance Sheet after D's admission.