To As GonzaleTO BS oral areSheet as at 31st March, 2019LabitiesCapital AlcsA50.00030.00020. Deepika2019 theLiabilitiesSundry CreoPublic DepBank OverOutstandCapitalDeepikaRajshreBuongMachinerStockDebtorsInvestmentsCreditors80.00020.000100.000C is admitted as a partner on 1st April, 2019 on the following terms.(a) C is to pay ? 20,000 as capital for 1/4th share. He also pays ? 5.000 as premium forgoodDoubtful Debts on the remaining amount.previously written off as bad in previous year. The amount is to be paid by A.(d) Investments are taken over by B at their market value of 74,900 against cash paymentYou are required to prepare Revaluation Account, Partners Capital Accounts and new Balance Shen(Hint: Provision for Doubtful Debts = 10/100 15,000 - 33,000 (Bad Debts)).)79. X and Y are partners sharing profits and losses in the ratio of 3/4 and 1/4. Their Balance Sheese31st March, 2019 is:Assets78. A and Bare partners in a firm sharing profits and losses in the ratio of 32. Following is(b) Debtors amounted to 3,000 is to be written off as bad and a Provision of 10% is create(cNo entry has been passed in respect of a debt of 3 300 recovered by A from a customerAns.: Loss on Revaluation-> 4.000; Partners' Capital Alcs: APB-3 30,400; (-320,000; Balance Sheet Total 12​