Saman and Kamal have been in partnership for many years sharing profits and losses in the ratio 5:3 respectively. The following was their statement of financial position as at 31 December, 2017.

                                                                           Rs    

Goodwill                                                     12,400

Plant and machinery                               16,320

                                                                    28,720

Inventory                                                     6,420

Accounts receivable                                   4,100

Cash at bank                                                  626

                                                                    11,146

Total assets                                               39,866

Sundry accounts payable                        (5,928)

Total assets less current liabilities        33,938

Capital: Saman                                          19,461

Kamal                                                         14,477

Total capital                                              33,938

On 1 January 2018, they decided to admit Nimal as a partner on the condition that she contributes Rs 12,000 as her capital but that the plant and machinery and inventory should be revalued at Rs 16,800 and Rs 6,100 respectively, with the other assets, remaining at their book values. The goodwill was agreed to be valueless.

You are required to prepare:

1. The ledger entries dealing with the above in the following accounts:

1. Goodwill account,
2. Revaluation accounts,
3. Capital accounts