6 ABFA1163 FINANCIAL ACCOUNTING II Question 4 Ahmad and Barathan are in a partnership. They sluire profits or loses in the ratio of Alumad 60% and Barathan 40% Net profit for the year ended 30 November 2021 was RM99.500. Interest on capital was 9% per annum. The partners capital bilances its ut 1 December 2020 were Ahmad RM30,000 and Barathan RM20,000. The salary to be paid to Ahmad and Barathon were RM18.0XXO cach per annum. Drawings by Ahmad und Barathan amounted to RM10,000 and RM15,000 respectively. The drawings by partners are subject to interest of 8% per annum Required: (a) Prepare profit or loss appropriation account for the year ended 30 November 2021. (11 marks) (b) Prepare the columnar form of capital accounts of Ahmad and Barathan for the year ended 30 November 2021. (2 marks) (c) Prepare the columnar form of current accounts of Abmad and Barathun for the year ended 30 November 2021. (12 marks) [Total: 25 marks) c)