Chapter 7 Death of a Partner 7.392.00.000 Bhim.- 1.50,000 and Nakul-*4,50.000showed the following balances on 1st April 2017Arun Bhim and Nakul are partners in a firm sharing profits in the ratio of 1 1 3. Their Capital AccountsFarm closes its accounts every year on 31st March, Bhim died on 31st March, 2018. As per the PartnershipChed his legal heirs were entitled to:U Interest on capital will be allowed from the first of day of the accounting year till the date of his deathd) The deceased partner's share in the Goodwill of the firm will be calculated on the basis of 2 years@ 10% papurchase of the average profit of the last three years. The profits of the form for the last three yearsended 31st March, were: 2016–90,000; 2017—2,00,000 and 2018-2 1,60,000.c) His share of Profits till the Date of Death: The profit of the firm for the year ended 31st March, 2018 was21,60,000 before providing for interest on capital. Bhim's Executor was paidthe sum due in two equalannual instalment with interest @ 10% p.a.Prepare Bhim's Capital Account as on 31st March, 2018 to be presented to his executor and his Executor'sLoan Account for the year ending 31st March, 2019 and 31st March, 2020.​