"Just because the Will states the initial amount does not mean that beneficiary will ge the starting amount, it could decrease or increase, am I correct, thanks?"
Of course. The accounts belong to the person(s) named on them and can be closed out before death as well. Will's terms are only relevant if the accounts still exist at time of death (and nothing's changed in regard to, say, the owner of the account(s) having named a pay-on-death beneficiary).
"If I lump all the monie together and pay the debts how would I distribute the money? Or is it better I take half of the debts from one beneficiary's account and the other half from the other beneficiary's account."
Sounds like this will was worded oddly. Unless the accounts had a pay-on-death beneficiary, the administrator should transfer the monies into an estate account. As for the matter of in what order the bequests should be made, that's a state-specific question. It may be that the bequests should be paid in order of appearance in the will, if the money doesn't need to go toward estate debt.
You need to consult with a local estate-probate attorney.