December the business makes a net profit of 6,000 and the partners take out drawings of 1,400
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December the business makes a net profit of £6,000 and the partners take out drawings of £1,400 (Jane) and £1,100 (Jill).
Complete the capital and current accounts of the partners, the profit and loss appropriation account for the year, and show the capital section of the final balance sheet. LO.1
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