X and Y are partners sharing profits in the ratio of 2 : 1. Their Balance Sheet as at 31st March, 2019 was: Liabilities ₹ Assets ₹ Sundry Creditors 25,000 Cash/Bank 5,000 General Reserve 18,000 Sundry Debtors 15,000 Capital A/cs: Stock 10,000 X 75,000 Investments 8,000 Y 62,000 1,37,000 Printer 5,000 Fixed Assets 1,37,000 1,80,000 1,80,000 They admit Z into partnership on the same date on the following terms:(a) Z brings in ₹ 40,000 as his capital and he is given 1/4th share in profits.(b) Z brings in ₹ 15,000 for goodwill, half of which is withdrawn by old partners.(c) Investments are valued at ₹ 10,000. X takes over Investments at this value.(d) Printer is to be reduced (depreciated) by 20% and Fixed Assets by 10%.(e) An unrecorded stock of Stationery on 31st March, 2019 is ₹ 1,000.(f) By bringing in or withdrawing cash, the Capitals of X and Y are to be made proportionate to that of Z on their profit-sharing basis.Pass Journal entries, prepare Revaluation Account, Capital Accounts and new Balance Sheet of the firm.