Profits made on the Revaluation of Assets and Reassessment of Liabilities are distributed among whom?

A revaluation is conducted at the time of structural adjustments (like admission) to ensure that assets and liabilities are reported at fair market values. Any resulting revaluation profits or losses belong entirely to the period before the new partner joins. Therefore, this profit must be allocated exclusively to the \textbf{Old Partners} in their \textbf{Old Profit-Sharing Ratio}.