2 of On 1 January 2001, Aaron, Amuthu, and Aziz started an audit firm, AAA & Co. All partners have signed the agreement to form a partnership business with the following arrangement. Capital brought into the business Salaries for partners per month Profit sharing Aaron RM52,000 RM2,300 40% Amuthu RM60,000 RM3,000 40% Aziz RM30,000 RM3,200 20% On 30 June 2021, Aaron was involved in fatal car accident. The partnership has no legal agreement to solve the matter. Later, Amute and Aziz decided to appoint Amber, the late Aaron's widow as the new partner for the business and the following arrangement was were made on July 1, 2021. Capital brought into the business Salaries for partners per month Profit sharing Amber RM25,000 RM0 30% The following expenditures incurred during the year: Depreciation Aziz Amuthu RM80,000 RM70,000 RM3.200 RM4,000 40% 30% 1. 11. Renovation 111. Plant and machinery IV. Motor vehicles V. Office furniture V1 Business trip V11. Utilities bill VIII Interest capital RM12,000 RM43,000 RM12,000 RM73,000 RM10,000 RM8,000 RM9,000 10% per capital annually