Account Name Debit Credit Balance Balance Capital Mr. Dawood Mr Iwan Drawings Mr. Wood Mr. Lawan Opening Stock Purchases and Sales Camiage inward Recurns Stationery GO SUU 360 350.00 SORTER 2200 3,000 1200 12.500 65,000 Wages 32.000 00 100 2010 12,000 HOROU 2,400 300 Hills receivables and will payables Discount Salaries Rent and a Insurance pro Postage Sundry penses Debtors and credit Hunting Plant and machinery Investments Purniture and Picture Badets Had debts provision Loan Legal Expenses Audit fee Cash in hand Cachat tani 300 LU LU 1200W ZOU TODO 26,DOU 2.000 100 35.000 200 1400 11,500 20,000 Mr. Dawood and Mr. Rawan were partners sharing profits and losses is the ratio of 21. The following balances were extracted from the books of account for the year ended December 31, 2015 1. Prepare tinal accounts for the year ended December 312016, with following adjustment [3 marks) (a) Stack on December 31.2015 was OMR 250.000 (b) A Provision is to be made for bad debts at en debtors (c) Rent outstanding was OMR 1000 (d) Wage's outstanding were OMR 500 (e) Interest en capital to be allowed an capital per annum and interest on drawings to be charged 3% per annum (7) Mr. Dawood and Mr. Rawan are entitled to a Salary af OMR 10,000 per annum. (8) Mr. Kawan is entitled to a commission OMR600 12. Prepare Profit and less appropriation account (2 Maries) (3) Prepare Capital accounts of partners (1 Marks Prepare Balance sheet of the partnership firm (2 Marks)