Ashish , Aakash and Amit are partners sharing profits and losses equally. The Balance Sheet as at 31st March, 2018 was as follows: Liabilities ₹ Assets ₹ Sundry Creditors 75,000 Cash in Hand 24,000 General Reserve 90,000 Cash at Bank 1,40,000 Capital A/cs: Sundry Debtors 80,000 Ashish 3,00,000 Stock 1,40,000 Aakash 3,00,000 Land and Building 4,00,000 Amit 2,75,000 8,75,000 Machinery 2,50,000 Advertisement Suspense 6,000 10,40,000 10,40,000 ​The partners decided to share profits in the ratio of 2 ; 2 : 1 w.e.f . 1st April, 2018. They also decided that:(i) Value of stock to be reduced to ₹ 1,25,000.(ii) Value of machinery to be decreased by 10%.(iii) Land and Building to be appreciated by ₹ 62,000.(iv) Provision for Doubtful Debts to be made 5% on Sundry Debtors.(v) Aakash was to carry out reconstitution of the firm at a remuneration of ₹ 10,000. Pass necessary journal entries to give effect to the above.