Pass necessary Journal entries to record the following unrecorded assets and liabilities in the books of Paras and Priya :
(a) There was an old furniture in the firm which had been written off completely in the books . This was sold for ₹ 3,000 .
(b) Ashish , an old customer whose account for ₹ 1,000 was written off completely in the books . This was sold for ₹ 3,000 .
(b) Ashish , an old customer whose account for ₹ 1,000 was written off as bad in the previous year , paid 60% of the amount.
(c) Paras agreed to takeover the firm's goodwill (not recorded in the books of the firm ) , at a valuation of ₹ 30,000.
(d) There was an old typewriter which had been written off completely from the books . It was estimated to realise ₹ 400. It was taken by Priya at an estimated price less 25 % .
(e) There were 100 shares of ₹ 10 each in Star Limited acquired at a cost of ₹ 2,000 which had been written off completely from the books . These shares are valued @ ₹ 6 each and divided among the partners in their profit-sharing ratio.