the answer might be for revaltion account 32000 and balance sheet 394600.plz do it as soon as possible

Questions Bank as of and K were partners sharing profits and losses as 60% to V and 40% to K. Their Balance Sheet as at 1st January, 2005 stood as under Balance Sheet Uobiilties Sundry creditors Bills Payable Capital accounts: V: 90,000 80.000 Amount 96.000 34.000 Assets Cash in Hand Sundry debtors Stock Plant & machinery Land & Buildings Amount 4.000 56.000 40.000 80.000 120.000 170,000 300.000 300,000 The partners agreed to admit e into the firm subject to revaluation of the following items: () Stock was to be be created for doubtful debtors (iv) A liability of R.O 2,600 for outstanding expenses had been omitted to be recorded in the books. E contributed R.O 60,000 as his share of capital. Required: Prepare the revaluation account, capital accounts and the balance sheet after the above adjustment Shoat Total: R9 334,600)