Answer all questions:

Describe the following:

a$.$ Accounting

$(5$ marks$)$

b$.$ Finance

$(5$ marks$)$

Explain FIVE $(5)$ types of financial objectives.

$(10$ marks$)$

Differentiate between amalgamation and absorption

$(10$ marks$)$

$\backslash$table$[[$Partner$,$Capital,$\backslash$table$[[$Additional$],[$investment$]],$Salary$],[$Amin$,$RM$135000,-,$RM$20000],[$Jo Yee,RM$110000,$RM$5000,$RM$12000],[$Shy$,$RM$50000,$RM$75000,$RM$9000],[$Iman$,$RM$70000,$RM$55000,-]]$

Total profit : RM$1200000$

Interest : $9\%$

Calculate the profit distribution based on the following methods:

i$.$ Equal profit sharing

ii$.$ Profit sharing based on capital

$(20$ marks$)$