X, Y and Z were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. On 31.3.2010 their Balance Sheet was as follows : Capital and LiabilitiesAmountAssetsAmountRsRsCapital Accounts :Building50,000X75,000Patents15,000Y62,500Machinery75,000Z37,500––––––––1,75,000Stock37,500Sundry Creditors42,500Debtors20,000Cash at Bank20,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯2,17,500––––––––––––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯2,17,500–––––––––––––––––––– Z died on 31.7.2010. It was agreed that : (a) Goodwill be valued at 212 year's purchase of the average profits of the last four years, which were as follows : Years Profits Rs 2006 - 2007 32,500 2007 - 2008 30,000 2008 - 2009 40,000 2009 - 2010 37,500 (b) Machinery be valued at Rs 70,000; Patents at Rs 20,000 and Building at Rs 62,500. (c) For the purpose of calculating Z's share of profits in the year of his death the profits in 2010-2011 should be taken to have been accrued on the same scale as in 2009 - 2010. Give necessary journal entries to record the above transactions and Z's capital account till the date of death. Note : The firm closes its accounts on 31st March every year.