32.7A A and B are in partnership sharing profits and losses 3:2. Under the terms of the partne, ship agreement, the partners are entitled to interest on capital at 5 per cent per annum and B is entitled to a salary of f4,500. Interest is charged on drawings at 5 per cent per anfun and the amounts of interest are given below. No interest is charged or allowed on curretit. account balances. The partners' capitals at 1 July 2019 were: A {30,000 and B f10,000. The net trading profit of the firm before dealing with partners' interest or B's salary for the year ended 30 June 2020 was f25,800. Interest on drawings for the year amounted to Af400, B 300. At 1 July 2019, there was a credit balance of 1,280 on B's current account, while A's current account balance was a debit of 500. Drawings for the year to 30 June 2020 amounted to f12,000 for A and f15,000 for B. Required: Prepare, for the year to 30 June 2020: (a) The profit and loss appropriation account. (b) The partners' current accounts