Chandan and Kader share profit and loses in 3:2Balance sheetas on 31st March 2020.liabilitiesCapital A/cChandra8,00,000kader4,00,000general reserve1,50,000bills payable1,00,000creditors2,50,000= 17,00,000assetsGood will50,000Machinery2,00,000Building5,00,000 Stock3,00,000debtors50,000 Cash at Bank 5,75,000cash in hand 25,000=17,00,000They agree to admit Annie as a partner with effect from 1st April 2020 with1/3rd share on the following terms:i. Annie will bring rs 5,00,000 as capital and 2,00,000rs a his share of good will but he could contribute only rs 1,20,000 towards goodwill.ii.building and machines are reduced by 5% stock is revalued at rs 4,00,000.iii.there is an unrecorded asset(computers) worth rs 25,000,one month salary of rs 30,000 is outstanding.iv.a bill of exchange of rs 25000 which was previously discounted with the banker was dishonoured on 31st march,2020 but entry was not passed for it.Prepare ledgerit Accounts,​