1) You are given the following information for the year ending 31 December 2007 i) Net profits K111,100 ii) Interest to be charged on capitals : Beda K 3,000 Sikwa K2,000Seba K1,500 Interest to be charged on drawings Beda K 400 Sikwa K300: Seba K200 Salaries to be paid Sikwa K20,000 Seba K25,000 Profits to be shared : Beda 70% Sikwa 20% : Seba 10% vi) Current accounts: Balances b/d Beda K18,600 : Sikwa K9,460: Seba K8.200 vii) Capital accounts: Balances b/d Beda K100,000 SikwaK 50,000 Seba K25000 viii) Drawings. Beda K39,000: Sikwa K27.100: Seba K 16,800 Required: a) Draw up a Profit and Loss Appropriation Account for the partners b) Prepare capital and current accounts for the partners in columnar form c) Prepare a Statement of Financial Position (extract) as at 31 December, 200