A and B are partners in a firm. The net profit of the firm is divided as follows: 1/2 to A, 1/3 to B and 1/6 carried to a Reserve. They admit C as a partner on 1st April, 2019 on which date, the Balance Sheet of the firm was:

Following are the required adjustments on admission of C:
(a) C brings in RS.25,000 towards his capital.
(b) C also bring in RS.5,000 for 1/5th share of goodwill.
(c) Stock is undervalued by 10%.
(d) Creditors include a liability of RS.4,000, which has been decided by the court at RS.3,200.
(e) In regard to the Debtors,the following Debts proved Bad or Doubtful-
RS.2,000 due from X-bad to the full extent,
RS.4,000 due from Y-insolvent, estate expected to pay only 50%.
You are required to prepare Revaluation Account, Partners' Capital Account and Balance Sheet of the new firm.