Pass necessary Journal entries to record the following unrecorded assets and liabilities in the books of Paras and Priya:

a There was an old furniture in the firm which had been written off completely in the books. This was sold for 3,000.

b Ashish, an old customer whose account for 1,000 was written off as bad in the previous year, paid 60%, of the amount.

c Paras agreed to takeover the firm's goodwill notrecordedinthebooksofthefirm, at a valuation of  30,000.

d There was an old typewriter which had been written off completely from the books. It was estimated to realise 400. It was taken by Priya at an estimated price less 25%.

e There were 100 shares of 10 each in Star Limited acquired at a cost of 2,000 which had been written-off completely from the books. These shares are valued @ 6 each and divided among the partners in their profit-sharing ratio.