Anwar, Bhasha and Arif started a partnership firm on January 1, 2019. They contributed RO. 25,000, RO. 20,000 and RO. 15,000 respectively as their capitals and decided to share profits in the ratio of 3:2:1. The partnership deed provided that Anwar is to be paid salary of RO. 500 p.m. and Bhasha commission of RO. 2,500. It also provided that interest on capital be allowed @ 6% p.a. The drawings for the year were: Anwar RO. 3,000, Bhasha RO. 2,000 and Arif RO. 1,000. Interest on drawings was RO. 135 for Anwar, RO.90 for Bhasha and RO.45 for Ahmed. The net amount of profit as per the profit and loss account for the year ended 2019 was RO. 17,830. Prepare the necessary accounting entries, the profit and loss appropriation account and the partners' capital accounts. Based on the above information answer the following '5' questions. (Do not upload any documents) Question 41 Not yet answered Marked out of 1.00 Flag question The amount of interest on capital the partners are eligible to receive during the year will be: O a. Anwar RO 1200, Bhasha RO 900, Arif RO 1200 O b. Anwar RO 3000, Bhasha RO 2400, Arif RO 1800 O c. Anwar RO 1500, Bhasha RO 1200, Arif RO 900 d. Anwar RO 2000, Bhasha RO 1000, Arif RO 600 Question 42 Not yet answered Marked out of 1.00 Flag question At the end of the year, the share of profit eligible for partners after all adjustments will be: a. Anwar: RO 6000, Bhasha: RO 4000, Arif: RO 2000 O b. Anwar: RO 4500, Bhasha: RO 3000, Arif: RO 1500 O c. Anwar: RO 3000, Bhasha: RO 2000, Arif. RO 1000 O d. Anwar: RO 1500, Bhasha: RO 1000, Arif: RO 500 Question 43 Not yet answered Marked out of 1.00 Flag question The accounting treatment of commission of RO 2500 paid to partner Bhasha will be: a. Credited to profit and loss appropriation account b. Debited to Bhasha's capital account O c. Credited to Bhasha's capital account d. Debited to profit and loss account Question 44 Not yet answered Marked out of 1.00 The balance of capital for partner Arif at the end of the year will be: O a. RO 15585 O b. RO 15855 Flag question O c. RO 15885 O d. RO 15485 Question 45 Not yet answered Marked out of 1.00 The accounting entry for charging interest on drawings to each partners will be: O a. Dr. Anwar's capital account RO 135 Dr. Bhasha's capital account RO 90 Flag question Dr. Arif's capital account Cr: Interest on drawings account RO 45 RO 270 O b. Dr. Anwar's capital account Dr. Bhasha's capital account Dr. Arif's capital account RO 270 RO 180 RO 90 Cr: Interest on drawings account RO 540 O c. Dr; Interest on drawing account RO 270 Cr: Anwar's capital account RO 135 Cr: Bhasha's capital account RO 90 Cr: Arif's capital account RO 45 Od. Dr. Anwar's capital account Dr. Bhasha's capital account Dr. Arif's capital account RO 135 RO 90 RO 45 Cr: Profit and loss account RO 270