Akan and Ashanti been in partnership sharing profits and losses equally. On 1 July 2018, Igbo was admitted as partner and the three partners shared profits and losses equally. On that date assets were revalued and there was a profit on revaluation, $36 000. What were the accounting entries to record the profit on revaluation?

a. credit Akan current account $12 000, credit Ashanti current account $12 000, credit Igbo current account $12 000

b. credit Akan current account $18 000, credit Ashanti current account $18 000

c. credit Akan current account $12 000, credit Ashanti current account $12 000, credit Igbo current account $12 000