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5. The partners' capital and current accounts as of 1 January 2015 are as follows. Lan Zaza Hasdi Capital a/c RM 50,000 40,000 35,000 Current

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5. The partners' capital and current accounts as of 1 January 2015 are as follows. Lan Zaza Hasdi Capital a/c RM 50,000 40,000 35,000 Current alc RM 8,000 (1,000) 3,500 On 10 July 2015, Zaza contributed RM10,000 cash as additional capital to the 6. The partners' drawing during the year to 31 December 2015 were as follows: Lan Hasdi RM 4,000 3,500 Month 1 June 2015 1 October 2015 The partnership net profit for the year ended 31 December 2015 is calculated as follows: 7. Gross proft Less: Interest on loan from Hasdi General expenses RM 90,100 (1,600) (9,900) 78,600 Net Profit This net profit does not include the depreciation expenses amounted to RM5,500 Appropriation statement for the year ended 31 December 2015. Partners' current and capital accounts for the year ended 31 December 2015 Explain the difference between fixed and fluctuating capital accounts in a partnership a. (8 marks) b. (5 marks) c. business (2 marks) Total: 15 marks)

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