01 Tifi. Kyere and Francisca ure in partnenhip shatine profit and lookes in the natio li: A, Inerect on capital is allowed at 10%6pa. Kyere is enlitlod to salary of 52,200 per Imonth wherted Francisea takes $3,500 per half year, The partnentip aprement requires that no inerest is charged on drawings , the parmers capital accounts were 1th January 2015 were finf 514,600 , Kyere $20,700 and Francisea $15,000. The net probit of the firm before-dealing with my of the above for the year ended 31/12/2015 was 5275,900. Denwings for the yeat amoueted to 515,000 for Fiifi, Kycre $42,400, and Francisea $21,300, At 31/12/2014 there was a belance of $3,100 and $4,400 on Fifi and Kyere current account respoctively, whita Frueisea's earrent aceount balance was in arrears of $3,400. Required: Prepare for the year endibg 31/12/2015: i) The profit and loss approptiation account ii) The partners' current account. Q2 Dea. Saa and Bortey are in partnership sharing profit and losses in the matio 4:3?2. Intcrest on capital is allowed at 15% p.a. Dua is entitled to 59 aly of 5500 per month. Interest on drawings is at 15%pa and the amounts of interest are given below. The partners capital accounts were 12 January 2015 were Bortcy $35,000, Saa $32,000 the net trading profit of the firm before dealioy with any of the above for the year ended 31/122014 was $240,400. A 31/12/2014 there was a debit balance of $1,250 and $2,590 on Saa, Bortey ciunent accon respectively, whilst Dua's curmt account balance was a crdit of $2,150. Driwings for the y 31/22015 amounted to $14,000 for Dua $12,300 Bortey and $27,600 for Saa. Required Prepare for the year ending 31/12/2015 i. The profit and loss appropriation account ii. 'The partners' current account