21.Ram and Sohan were partners in a firm sharing profits in the ratio of 3:2.Theyadmitted Sohan as a partner on ist April,2019 for 1/3rd share in the profits.Sohaisis to bring30,000 for goodwill and such amount as his capital,so that his capital ifproportionate to his profit share in the firm.On 31st March,2019,Balance Sheet ofRam and Mohan was as follows:LiabilitiesAssetsCreditors1,00,00030,000CashBills Payable10,000Debtors30,000Workmen Compensation Reserve10,000Stock50,000General Reserve30,00010%Government Bonds20,000Capital A/cs:Furniture10,0001,35,000Machinery1,20,00010,000Ram1,25,0002,60,000Goodwill3,40,000Mohan3,40,000Following adjustments were agreed to be made:（a)Stock to be reduced by5,000,it being overvalued.（6)Reduce furniture by 10%and machinery by 5%.（c)Make provision of3,000 on debtors for doubtful debts.（d)A debtor whose dues of5,000 were written off as bad debts last year,paid4,000 in settlement.（e)Revaluation Expenses of 4,000 are paid by firm.Prepare Revaluation Account,Partners'Capital Accounts and Balance Sheet of theOrnew firm​