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1.Rajesh, Rakesh and Mahesh were equal Partner on 31st March 2019. Their Balance Sheetwas as follows 31" March 2019Balance Sheet as on 31" March 2019AmtLiabilitiesCapital Account:RajeshRakeshMaheshSundry creditorsBills PayableBank loan5,00,0002,00,0002,00,00090,00060,0001,50,000AssetsLand and BuildingFurnitureDebtorsStockCashAmt4,00.0003,00,0003,00,0001,00,0001,00,00012,00,00012,00,000Mr. Rajesh died on 30th June 2019 and the following adjustment were agreed as1) Furniture was to be adjusted to its market price of 3,40,0002) Land and Building was to be depreciated by 10%3) Provide R.D.D 5% on debtors4) The Profit upto the date of death of Mr. Rajesh is to be calculated on the basis of last yearsprofit which was 1,80,000Prepare 1) Profit and Loss adjustment A/c, 2) Partners capital account, 3) Balance sheetof the continuing firm​

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