Prepare Revaluation account and Partner's capital account.0.7 Geeta and Meeta are partners in a firm sharing profits in the ratio of 3:2. Their Balance sheet on 31st March, 2020 was as under:24,000LiabilitiesCreditorsBills PayableGeneral ReserveCapitals:GeetaMeeta₹Assets27,000 Cash5,000 Debtors18,000 Less: prov. for bad debtsStockPatent75,000 Building48,0004,80043,20030,0007,40020,40040,00035,0001,25,0001,25,000Reeta is admitted into the partnership giving her 1/5th share in the profits.Reeta is to bring in * 30,000 as her Capital and her share of goodwill in cash, subject to the following terms:(a) Goodwill of the firm to be valued at * 50,000.(b) Stock to be reduced by 10% and provision for Bad Debts to be reduced by * 2,400.(c) Patents are valueless.(d) There was a claim against the firm for damages amounting to * 2,500. The claim has now been accepted.(e) A debtor, Ram whose dues $2,000 were written off as Bad Debts last year paid 1,500 in full settlement of accounts.(1) Expenses on revaluation of assets and reassessment of liabilities amounting to 1,000 were paid by the firm.Prepare Revaluation Account and Partners Capital Accounts.*****​