X and Y are partners sharing profits in the ratio of 2 : 1 . Their Balance Sheet as at 31st March, 2018 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 Typewriter 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₹ 40,000 as his capital and he is given 1/4th share in profits.(b) Z brings in ₹ 15,000 for goodwill, half of which is withdrawn by old partners .(c) Investments are valued at ₹ 10,000 .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) Typewriter is to be depreciated by 20% and Fixed Assets by 10%.(e) An unrecorded stock of Stationery on 31st March,2018 is ₹ 1,000.(f) By bringing in r 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.