Pankaj, Naresh and Saurabh are partners sharing profits in the ratio of 3 : 2 : 1. On 1st April, 2019, Naresh retired on that date, Balance Sheet of the firm was as follows: Liabilities Amount (₹) Assets Amount (₹) General Reserve 12,000 Bank 7,600 Sundry Creditors 15,000 Debtors 6,000 Bills Payable 12,000 Less: Provision for Doubtful Debts 400 5,600 Outstanding Salary 2,200 Stock 9,000 Provision for Legal Damages 6,000 Furniture 41,000 Capital A/cs: Premises 80,000 Pankaj 46,000 Naresh 30,000 Saurabh 20,000 96,000 1,43,200 1,43,200 Additional Information:(a) Premises have appreciated by 20%, stock depreciated by 10% and provision for doubtful debts was to be made 5% on debtors. Further, provision for legal damages is to be made for ₹ 1,200 and furniture to be brought up to ₹ 45,000. (b) Goodwill of the firm be valued at ₹ 42,000.(c) ₹ 26,000 from Naresh's Capital Account be transferred to his Loan Account and balance be paid through bank: if required, necessary loan may be obtained from bank.(d) New profit-sharing ratio of Pankaj and Saurabh is decided to be 5 : 1.Give the necessary Ledger Accounts and Balance Sheet of the firm after Naresh's retirement.