Trinl Balance as on 31st March, 2019 Amt. 80.000 80,000 80.000 2.500 2.500 103,000 60.000 308.00 Debit Balance Amt. Credit Balance Current A/e-Deyah 4,000 Capital de Deyah Opening stock 88.000 Duaa Purchases 1.76,000 Shahad Wages 23.500 Current Ac- Shabad Salaries 15,000 Current Alc. Duna Office expenses 8,000 Sundry Creditors Bank chartes 2.600 Bank overdratt Legal charges 3,000 Sales Machinery 90,000 Land and Building 130.000 Interest 3,600 Export duty 3,800 Bad debts 4.000 Sundry Debtom 82.000 Travelling Expenses 3.200 Electricity charges 2.300 Furtuture 37.00 Equipment 40.000 716,000 Adjustments: 1) Stock on and on 31st March, 2019 was valued at OMR 80,000 2) Accrued expenses Salaries OMR 3,000, Wages OMR 2.400 3) Depreciate Machinery at 10%p.a Land and Building at 5% pa. 4) Provision for Bad and doubtful debts at 5% on Sundry Debtors 5) Legal charges paid in advance paid in advance OMR 1.200 6) The following were agreed upon: a) Deyah is entitled to a salary of OMR 1,000 per month b) Interest on capital is 5% pa. c) Commission of 4's p...on profit before interest on capital and salaries. B. Admission of a New Partner (2 marks) 1. Explain the treatment of goodwill at the time of the admission of a new partner 2. Why and bow new partner is admitted in partnership business? 716,000