Divya and Pooja are partners in a firm, sharing profits and losses in the ratio of 3:2. On 31st March 2015, their Balance Sheet was as under: BALANCE SHEET OF DIVYA AND POOJA as at 31st March,2015 Capital and LiabilitesRsAssetsRsSundry Creditors9,800Goodwill16,000General Reserve23,400Land and Building20,000Profit and Loss A/c4,000Investments66,000Investment Fluctuation Fund12,600Sundry Debtors18,600Capital A/cs:Bils Receivables7,400 Divya 60,000Cash in Hand11,100 Pooja 40,000––––––––1,00,000Advertisement Suspense A/c10,700¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,49,800––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,49,800–––––––––– The partners decided that with effect from 1st April, 2015, they would share profits and losses equally. For this purpose, they decided that: (a) Investments to be valued at Rs 60,000 (b) Goodwill to be valued at Rs 24,000 (c) General Reserve not be distributed between the partners. You are required to: (i) Pass journal entries (ii) Prepare the revised Balance Sheet of the firm.