X, Y and Z who are sharing profits in the ratio of 5 : 3 : 2, decide to share profits in the ratio of 2 : 3 : 5 with effect from 1st April, 2019. Workmen Compensation Reserve appears at ₹1,20,000 in the Balance Sheet as at 31st March, 2019.Answer the following questions:1) Workmen Compensation Claim is estimated at ₹1,50,000. (a) Debited to Revaluation A/c ₹1,50,000 (b) Credited to Revaluation A/c ₹1,20,000 (c) Shown on Liability side of the Balance Sheet ₹1,50,000 (d) Credited to Partners Capital A/c ₹1,20,000 2) Workmen Compensation Claim is estimated at ₹80,000. (a) Debited to Revaluation A/c ₹80,000 (b) Credited to Revaluation A/c ₹ 1,20,000 (c) Shown on Liability side of the Balance Sheet ₹1,20,000 (d) Credited to Partners Capital A/c ₹40,000 3) There is no Workmen Compensation Claim (a) Debited to Revaluation A/c ₹1,20,000 (b) Credited to Revaluation A/c ₹ 1,20,000 (c) Shown on Liability side of the Balance Sheet ₹1,20,000 (d) Credited to Partners Capital A/c ₹1,20,000 4) Workmen Compensation Claim is estimated at ₹1,30,000. (a) Debited to Revaluation A/c ₹10,000 (b) Credited to Revaluation A/c ₹ 1,30,000 (c) Shown on Liability side of the Balance Sheet ₹1,20,000 (d) Credited to Partners Capital A/c ₹10,000