Kalpana and Kanika were partners in a firm sharing profits in the ratio of 3 : 2 . On 1st April, 2018 , they admitted Karuna as a new partner for 1/5th share in the profits of the firm . The Balance Sheet of the Kalpana and Kanika as on 1st April, 2018 was as follows: Liabilities ₹ Assets ₹ Capital A/cs: Land and Building 2,10,000 Kalpana 4,80,000 Plant 2,70,000 Kanika 2,10,000 6,90,000 Stock 2,10,000 General Reserve 60,000 Debtors ​1,32,000 Workmen's Compensation Fund 1,00,000 Less: Prov 12,000 1,20,000 Creditors 90,000 Cash 26,000 1,30,000 9,40,000 9,40,000 ​It was agreed that;(a) the value of Land and Building will be appreciated by 20% .(b) the value of plant be increased by ​₹ 60,000.(c) Karuna will bring ​₹ 80,000 for her share of goodwill premium.(d) the liabilities of Workmen's Compensation Fund were determined at ​₹ 60,000.(e) Karuna will bring in cash as capital to the extent of 1/5th share of the total capital of the new firm.Prepare Revaluation Account, Partners' Capital Accounts and Balance Sheet of the new firm.