The following is the balance sheet of A. B and C sharing profits and losses in proportion of 6: 5:3 respectively :- Liabilities Creditors Bills Payable General Reserve Capitals- A B C 35,400 29,850 14,550 ₹ 18,900 Cash 6,300 Debtors 10,500 Stock 79,800 1,15,500 Assets Furniture Land & Building Goodwill ₹ 1,890 26,460 29,400 7,350 45,150 5,250 1,15,500 They agreed to take D into partnership and give him 1/8th share on the following terms- (1) That Furniture be depreciated by *2,920. (2) An Old Customer, whose account was written off as bad, has promised to pay *2,000 in full settlement of his full debt. (3) That a provision of 1,320 be made for outstanding repair bills. (4) That the value of land and building having appreciated be brought upto *56,910. (5) That D should bring in (6) That D should bring in (7) That after making the above adjustments, the capital accounts of old partners be adjusted on the basis of the proportion of D's Capital to his share in business, i.e., actual cash to be paid off or brought in by the old partners, as the case may be. 14,700 as his capital. 14,070 as his share of goodwill.​The following is the balance sheet of A. B and C sharing profits and losses in proportion of 6: 5:3 respectively :- Liabilities Creditors Bills Payable General Reserve Capitals- A B C 35,400 29,850 14,550 ₹ 18,900 Cash 6,300 Debtors 10,500 Stock 79,800 1,15,500 Assets Furniture Land & Building Goodwill ₹ 1,890 26,460 29,400 7,350 45,150 5,250 1,15,500 They agreed to take D into partnership and give him 1/8th share on the following terms- (1) That Furniture be depreciated by *2,920. (2) An Old Customer, whose account was written off as bad, has promised to pay *2,000 in full settlement of his full debt. (3) That a provision of 1,320 be made for outstanding repair bills. (4) That the value of land and building having appreciated be brought upto *56,910. (5) That D should bring in (6) That D should bring in (7) That after making the above adjustments, the capital accounts of old partners be adjusted on the basis of the proportion of D's Capital to his share in business, i.e., actual cash to be paid off or brought in by the old partners, as the case may be. 14,700 as his capital. 14,070 as his share of goodwill.​hmmmmm...yes!​