Q. The following was the Balance Sheet of Ram, Shyam and Mohan sharing profits and losses in the proportion of 6:5:3
respectively 

Liabilities	Amount	Assets	Amount
Creditors  Bills Payable  Reserve  Ram Capital Accounts Shyam Capital Accounts  Mohan Capital Accounts	18900 6,300 7,000 33,600 39,900 16,800	Land & Buildings   Furniture  Stock  Debtors  Cash at Bank	50,400   7,350  29,400  26,460   8,890
	1,22,500		1,22,500

They agreed to take sohan into partnership and give him 1/8th share on 
the following terms : 
(a) That Sohan brings in Rs. 16,000 as his Capital. 
(h) That Furniture be written down by Rs. 920 and stock be depreciated by 10%. 
(c) That a Provision of Rs. 1,320 be made for outstanding repair bills. 

(d) That the value of Land and Building be written upto t0 Rs. 69,100, 
(e) That Sohan's share of Goodwill fixed at Rs. 8,820. Sohan brings this amount 
in cash.
(f) That the Capitals of Ram, Shyam and Mohan be adjusted on the basis Of 
Sohan's Capital by opening necessary Current Accounts. 
Give the Necessary Journal Entries, the Revaluation Account, Capital Accounts 
and also the Balance Sheet of the firm newly constituted.