Emeka and Fatima have been in partnership for several years, sharing profits and losses equally, with no interest on capital or drawings and no salaries. On 1 January 2023, they agreed to admit Garba as a new partner. The following information is relevant: (i) The Balance Sheet of Emeka and Fatima immediately before Garba's admission showed: Assets: Goodwill ₦Nil; Premises ₦200,000; Inventory ₦45,000; Debtors ₦30,000; Cash ₦25,000; Total ₦300,000 Liabilities and Capital: Creditors ₦40,000; Capital - Emeka ₦150,000; Capital - Fatima ₦110,000; Total ₦300,000 (ii) Goodwill was agreed to be valued at ₦60,000 on the date of admission. (iii) Premises were revalued upward by ₦40,000. (iv) A provision for doubtful debts of 10% of debtors is to be created. (v) Garba is to introduce capital of ₦100,000 in cash and is to acquire a one-third share of the new partnership profits. (vi) The new profit-sharing ratio among Emeka, Fatima and Garba is 2:1:1 respectively. (vii) Goodwill is not to remain in the books after admission. (a) Prepare the Revaluation Account. (4 marks) (b) Prepare the Capital Accounts of all three partners in columnar form, showing the treatment of goodwill on admission and after admission. (10 marks) (c) Prepare the Balance Sheet of the new partnership immediately after Garba's admission. (6 marks)