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at Decentes 31, 2016: Adational autes: 2. Clasing abock is value at 555,900 by $7,000 c. The partacnhip ageersent allewed for the fillowing condedersiom -

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at Decentes 31, 2016: Adational autes: 2. Clasing abock is value at 555,900 by $7,000 c. The partacnhip ageersent allewed for the fillowing condedersiom - Intresest on drawiegs in to be chared at 10% pa - Ieterest on cagital is as be paid at 9% pa - Mark is to be poid a silary of $3,200 pa C. Profits ace to be sharod is the nowo of captal comeributel Required: Prepare the following foe the yrari. - The viatement of profi and lask, and appregeriatien acoesent - The partners' curreal account fer the year - The statement of financial pesities

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