To B's Capital AC (Being amount of goodwill distributed among A and B in sacrificing ratio) DLUSTRATION 48 (Preparation of Balance Sheet Lo reconstituted firm Adele 013 Capitals). A and B are partners in a fimm shanng profits and resta the ratio of 3 2 They admit C into the firm when their Balance She was as follows BALANCE SHEET as al 313.2010 Assets Rs. 20,000 tablitics Oditor Ruk Loan cacral Reserve Capital By Capital 40,000 os 30.000 80.000 50,000 Bank Debtors Stock Investments Furniture Machinery Goodwill 23100 FO 22000 2.20,000 Terms of (admission were as follows 4) will bring R$ 70,000 as his share of capital Goodwill is valued at Rs 60,000 und could not bring his share of foodwill incah it was decided not to show goodwill in the books 16 Furniture and Machinery is to be revalued at RA15.000) and Rs 35.00 respectively 4 Capita) of old partners is to be le adjusted on the basis of new partners apital Adjustment of capital is to be made through bank New ratio of A Band ! One Revaluation Account Partners Lupital Accounts Balance Sheet of the sea lima links Desktop