Q. The Balance Sheet at X, Y and Z who were sharing profits in the ratio of 5:3:2 as at 31st March, 2002: 

Liablities	Amount	Assets	Amount
Creditors	50000	Cash at Bank	40000
Employees' Provident Fund	10000	Sundry Debtors	100000
Profit and Loss A/c	85000	Stock	80000
X's Capital	40000	Fixed Assets	60000
Y's Capital	62000
Z's Capital	33000
	280000		280000

X retired on 31st March, 2007 and Y and Z decided to share profits in future in the ratio of 2:3 respectively. 
The other terms on retirement were as follows: 

1. Goodwill of the firm is to be valued at Rs. 80,000
2. Fixed Assets are to be depreciated to Rs. 57,500.
3. Make a provision for Doubtful Debts at 5% on Debtors.
4. A liability for claim, included in Creditors for Rs. 10,000 is settled at Rs. 8,000. 

The amount to be paid to X by Y and Z in such a way that their capitals are proportionate  to their profit-sharing ratio and leave a balance of Rs. 15,000 in the Bank Account.

Prepare Profit and Loss Adjustment Account and Partners' Capital Accounts.