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Their Balance Sheet 029 profits and losses in the proportion of 3 2 at 31.3.2010 was as under BALANCE SHEET ar af 31.3.2010 Rs. Assets Liabilities R 27,000 Cash in hand zon Creditors Bills Payable General Reserve 18.000 Cash at bank 12.000 Debtors 250 20.000 11,20 50.000 6,000 Profit and Loss A/C Capital Accounts P Stock Buildings Machinery 40,000 0 Loose Tools 5.790 20.000 10,000 R Furniture 20 2010 Patents Goodwill 1.33.000 ( On the same date was retired and the following terms were agreed upon Goodwill was valued at Rs 2.000 but goodwill should not appear in the books of the reconstituted firm Machinery and Loose tools are to be valued at 20% less than their book value The Buildings be decreased to Rs 40.000 Furniture to be appreciated by 15% and Creditors to be reduced by Rs 620 Rs 300 to be paid to Q immediately and the balance to be transferred to his loan account carrying interest at 6% per annum You are required to prepare Revaluation Account the Capital Accounts of the Partner and the Balance Sheet of the firm as at 33 2010