Trial Balance as of March 31, 2019 Debit Amt Credit Amt. 1.20.000 articulars Partner's Capital Alc- Ahmed Rashed chases and Sales andry Dohtors and Credits Receivable and Mills Payable count ning stock Me and Salaries scellaneous Expenses 22.000 45.000 35.000 4000 410.000 35.000 S0.000 1500 25.000 23.000 9,000 5.000 1.30,000 75,000 10.000 $5.00 dan at and Machinery vertisement aries and Wages Marehouse Rent got duty in hand 6,000 11 500 5.000 0.000 7.28.500 7.28.500 Adjustments: Closing stock was valued at OMR 80,000. 2, Depreciate Machinery at 10% p.a. Outstanding salaries and wages were OMR 2,500. Provision for doubtful debts at 5% on Sundry Debtors. s Prepaid advertising is OMR 5,000 . The following were agreed upon: a) Ahmed is entitled to a salary of OMR 12,000 per year. b) Rashed is to receive commission of 10% of net profit before salaries and interest on capital. c) Interest on capital is 5% per annum B. Answer the following questions. (2 marks) 1) Why and how is a new partner admitted in partnership? 2) Explain the treatment of goodwill at the time of the admission of a new partner