Amount (RO) The following was the Balance sheet of A, B and C sharing profits and losses in the proportion of 5:3:2 Liabilities Creditors Assets Amount (RO) 100,000 Cash at Bank 75,000 Bills Payable 40,000 Stock 125,000 General Reserves 50,000 Debtors 150,000 Capital Accounts A 200,000 Furniture 40,000 B 175,000 Land and Buildings 300,000 C 125,000 690,000 690,000 They Admit D into Partnership giving him 1/5th share of profits on the following terms: D brings in his capital Provision is be made for outstanding expenses Goodwill already appears in the books Furniture is to be written down by Stock is to be depreciated by Land and Buildings is to be appreciated by 125,000 105,000 100,000 12.50% 7.50% 15.0% Write the Necessary Journal Entries. Prepare Revaluation Account, Capital Accounts and Balance sheet of the firm as newly constituted.