Sujata and Laxmi were partners in a firm sharing profits and losses in the ratio of 2: 1. On 1st April, 2025, they admitted Raghu as a new partner…

Sujata and Laxmi were partners in a firm sharing profits and losses in the ratio of $\displaystyle 2$ : 1. On 1st April, $\displaystyle 2025$, they admitted Raghu as a new partner for $\displaystyle 1$/5th share in the profits of the firm. On the date of Raghu's admission, it was found that the equipment is undervalued by ₹ $\displaystyle 90$,000. After revaluation, the Balance Sheet of Sujata, Laxmi and Raghu showed equipment at $\displaystyle 3,00$,000. The value of equipment shown in the books of the firm of Sujata and Lax mi before Raghu's admission was :