For the year ended 31 December 21X7, draft a profit and loss appropriation account for Scott, Mitchell, and Green, and balance sheet extracts:

• Net profits: £45,400
• Interest to be charged on capitals: Scott £2,700; Mitchell £2,100; Green £1,800
• Interest to be charged on drawings: Scott £290; Mitchell £260; Green £220
• Salaries to be credited: Mitchell £3,700; Green £4,200
• Profits to be shared: Scott 50%; Mitchell 30%; Green 20%
• Current accounts: Scott £2,500; Mitchell £1,500; Green £1,300
• Capital accounts: Scott £60,000; Mitchell £28,000; Green £27,000
• Drawings: Scott £13,000; Mitchell £9,500; Green £10,000