A and B Advocates and M and N Advocates were practicing firms of advocates. On 1 January 2020, they agreed to amalgamate the partnerships into one firm, Able and Mine Advocates. The accounts of the separate partnerships have been prepared annually to 31 December, The agreed profit and loss sharing ratios in the old and the new firms were as follows: A B M N Old firms 3 2 2 1 New firms 4 3 2 1 The balance sheet extracts of the partnerships as at December 2019 were as follows: A and B Advocates M and N Advocates Sh000 Sh000 Non-current assets: Motor vehicles 10,000 9,000 Office equipment 4,000 3,000 14,000 12 Goodwill 6,000 5,000 Current assets: Investments 7,500 - Account receivable 20,000 13,000 Cash 2,500 - 30,000 13,000 Total assets 50,000 30,000 Capital and liabilities: Capital accounts: A 25,000 B 15,000 M - 15,000 N - 10,000 40,000 25,000 Current liabilities: Client account 5,000 - Account payable 5,000 3,500 Bank overdraft - 1,500 10,000 5000 Total capital and liabilities 50,000 30,000 Additional information 1) Provision on bad and doubtful debts was to be made at 5% of the accounts receivable 2) A and M Advocates was to take over the assets of the partnership at the following agreed values: A and B Advocates M and N Advocates Sh000 Sh000 Motor vehicles 9,000 8,000 Office equipment 3,500 3,000 Goodwill 7,500 5,000 3) The investments of A and B Advocates were sold on 1 January 2020 for Sh.8, 000,000. 4) The capital for A and M Advocates amounted to sh.75, 000,000 which was contributed by the partners in their profit sharing ratios, any adjustments being made in cash. 5) The client account and the accounts payable were settled immediately on amalgamation. Required: Prepare the following accounts to record the above transactions: i. Realisation accounts (3 marks) ii. Capital accounts (3 marks) iii. Cash accounts (4 marks) iv. A and M Advocates account