David, Jacob and Noah are brothers who formed a partnership business named as DJN which ventures in fast food industry. Their production facility is located in Setia Alam, Selangor and has been established for more than a year. Below are the terms agreed by the brothers prior to the commencement of their partnership business:

i. Interest on closing capital is to be allowed at 10% per annum.

ii. David and Jacob are entitled to receive an annual salary of RM30,000.

iii. Profits or lossess are to be shared between David, Jacob and Noah in the ratio of 3:2:1 respectively.

iv. Interest of 6% per annum is to charged on drawings.

v. The partners are entitled to 8% interest per annum on any advance provided to the partnership.

Additional information:

1. The partners' capital accounts as at 1 January 2020:

David RM100,000

Jacob RM50,000

Noah RM50,000

On 1 August 2020, Jacob contributed an additional capital of RM24,000 to the partnership.

2. The partners' current accounts as at 1 January 2020:

David RM16,000

Jacob RM8,000

Noah RM8,000

3. Noah withdrew RM6,000 cash on 1 November 2020 for his personal consumption.

4. On 1 July 2020, DJN received an advance from David amounted to RM15,000.

5. The business reported a net profit of RM210,000 for the year ended 31 December 2020.

6. Depreciation on office equipment amounted to RM50,000 is yet to be considered in the computation of the above net profit.

Required:

a) The Appropriation Statement for the year ended 31 December 2020.

(8 marks)

b) Partners' current account for the year ended 31 December 2020.

(5 marks)

Note 1: Calculate to the nearest RM.

(Total: 13 marks)