The following is the summarized balance sheet of Delinquent Sdn Bhd as at December 31 2021. Delinquent Sdn Bhd is a travel agency offering holiday & travel packages and its business have been in decline for the past 3 years due to the Covid 19 pandemic. RM Tangible Assets (NBV) 24,000 Inventory 5,000 Trade Receivables 30,000 Total Assets 59,000 Issued and fully paid Share Capital Ordinary shares of RM1 each 30,000 6% Preference Shares of RM1 each 12,000 42,000 Accumulated Losses (23,000) 19,000 8% Debentures 15,000 Trade Payables 25,000 Total Equity & Liabilities 59,000 The following external reconstruction scheme was proposed by the directors and agreed by all parties and the necessary approvals obtained. A new company Rescue Bhd. is to be registered with an ordinary share capital of 35,000 shares of RM1 each. Rescue Bhd is to acquire on 2 January 2022 the liabilities and assets of Delinquent Bhd based on the following agreed terms: i) Rescue is to assume Delinquent's debenture liability by issuing to the existing holders RM13,500 new 5% debentures in Rescue together with one fully paid ordinary shares of par value RM1 in Rescue for every RM10 of debentures held. ii) The Trade Payables of Delinquent to accept RM10,000 in cash and the balance to be satisfied by the issue of RM15,000 ordinary shares in Rescue. iii) The preference shareholders in Delinquent to receive one fully paid ordinary share in Rescue for every 3 shares held in Delinquent. iv) The ordinary shareholders in the Delinquent to receive one fully paid share in Rescue for every 30 shares held. v) Reconstruction costs of RM10,000 is to be borne by Rescue and regarded as part of the purchase consideration.

Required: Prepare the Realisation account and Reconstruction account for Delinquent Sdn Bhd after effecting the above external reorganization.

Explian in Excel sheet.