. Arsh and Daksh are partners in a firm with profit-sharing ratio as follows: 1/2 to Arsh, 1/3 to Daksh and 1/6 carried to a Reserve. They admit Sachi as a partner on 1st April, 2020. The Balance Sheet of the firm as at31st March, 2020 was as follows:Liabilities₹Assets50,00040,000Capital A/cs:ArshDakshReserveEmployees' Provident FundCreditors90,00010,0005,00020,0001,25,000BuildingMachineryStockDebtorsCash at Bank50,00030,00018,00022,0005,0001,25,000Following adjustments are required on the admission of Sachi:(i) Sachi brings in * 30,000 for 1/5th share in the firm.(ii) Goodwill of the firm was valued at * 25,000 and Sachi brings her share of goodwill in cash.(iii) Stock is undervalued by 10%.(iv) Creditors include an item of 3 800 which is not to be paid, therefore, has to be written back.(v) For Debtors, the following debts proved bad or doubtful-(a) 2,000 due from Amit-bad to the full extent.(b) 4,000 due from Bhushan-insolvent, estate expected to pay on 50%.Prepare Revaluation Account, Partners' Capital Accounts and Balance Sheet of the new firm.​