answer plz

37. Following in the Balance Sheet of Mr. Aslam and Mr. Bilal who share profits in the ratio of 3:2. Balance Sheet of Mr. Aslam and Mr. Bilal as on April 1, 2020 Assets Liabilities Amount (OMR) Amount (OMR) 32,950 Cash in hand 600 Sundry creditors Capitals 25,000 Building 25,000 Mr. Aslam 15,000 Mr. Bilal 10,000 Stock 10,000 17,500 Plant & Machinery 4,850 Sundry debtors 57,950 57,950 They agree to admit Mr. Kamal into the partnership 2:32 Clearning.act.edu.com - Private They agree to admit Mr. Kamal into the partnership on the following terms: 1 Mr. Kamal was to bring in OMR 7,500 as his capital and OMR 3,000 as goodwill for 1/4th share in the firm. II. Values of the Stock and plant and Machinery were to be reduced by 5% III. A Provision for Doubtful Debts was to be created in respect of Sundry Debtor OMR 375. IV. Building Account was to be appreciated by 10% a. Pass the journal entry to record the plant and machinery in Revaluation account. b. Pass the journal entry to record the provision for doubtful debts in Revaluation account. + 2:32 Clearning.act.edu.om - Private IV. Building Account was to be appreciated by 10%. a. Pass the journal entry to record the plant and machinery in Revaluation account. b. Pass the journal entry to record the provision for doubtful debts in Revaluation account. C. The balance of revaluation account will be