# Question: 3 $A$ and $B$ are partners sharing protits in the ratio of $A 5 / 10, B 3 / 10$ and transfer to reserve 210 .

Question: 3 $A$ and $B$ are partners sharing protits in the ratio of $A 5 / 10, B 3 / 10$ and transfer to reserve 210 . Their balance sheer as at 31 st March, 2020 was as follows: representatives are cntitled to hisshatedigoodwill, based besides his capital and reserves, $B$ 's legal three years, which were $₹ 10,300 ; ₹ 15,100$ and $₹ 13,600 } \end{array}$ Assets were revalued as follows: Fixed Assets $₹ 1,20,000$; ₹ 2,000 out of debtors are bad and a provision of $5 \%$ is to be made for bald debts and $2 \%$ for discount on debtors. Prepaid insurance is $₹ 490$ and outstanding salaries ₹ 3,000 . There is an old typewriter not recorded in the books valued at $₹ 4,000$. Prepare Revaluation $A / c$ and $B^{\prime} s A / c$ to be rendered to his legal representatives.