1 Sohan, Rajan and Viswa are in business in Partnership as Computer Manufacturers. They share Profits as 4:33 after allowing for interest at 6% on the balances of their capital accounts at the beginning of each year and after charging Partners salaries at the rate of RO 650, RO 530, RO 470 per month respectively. They employ a sales manager who is paid a salary of RO 4,800 per annum plus two percent commission on total sales. The following Balances was extracted on 31 December 2020. Capital Accounts Sohan 23,200 Rajan 13,600 Viswa 12,800 Cash in hand 6,440 Purchase of Raw Material 300,000 Commission Dr. 13,600 Insurance 9,240 Sundry Creditors 25,200 Factory Expenses 38,000 Rent 2,400 Sundry Debtors 12,800 Furniture 6.400 Electricity Expenses 600 Sales 520,000 Opening stock of Raw Material 23,600 Carriage inwards 96,000 Salaries (including sales manager 14,400 salary) Repairs to Buildings 800 Bad debts 3200 Carriage Outwards 3.600 Equipment 5.200 Drawings Sohan 9,600 Rajan 8.800 Viswa 8.400 Discount Received 4.800 Vehicle running expenses 4.400 Travelling expenses 5,600 Advertising Expenses 7,320 Machinery 19,200 Additional Information 1. Closing stock was valued at RO 33,680 2. The Following expenses were outstanding Rent RO 720, Electricity RO 200 3. Depreciation to be provided at the following rates Equipment 20%, Machinery 10% and Furniture 12.5% 4. Provision for Doubtful Debts 3% You are required to draw up a Final Accounts of the Partnership Firm