If a 1500 Question Ina, Meena and Deeka have been in partney las manufactures for many years. Interest len drawingo 10%pa - Teterbest in capital. u 20% p.a for the first six months and 25% for the remaining six month 2019. Ina receives a salary of $ 40ooper quarter and Deeka receive a monthly salary of RM 2,200 Profit is shared at Ao% for Ina 30% for Meena and 30% fir Deeka The following balance were produced for the year ended 31 Dec 2019 DEBT CREDIT Inventory as at 1 Jan 2019 6 4,800 Provision for baddebts at 1 Janar Electricity expenses 2100 sales and purchase 127,800 7,800 Wages and calaries 148, Goo Repairs and maintenore expenses 3,500 Insurance on Building 43,000 Carriage outwards Advertising expense 3,250 Provision for depr at 1 Janar Machinery 38,000 24,920 9,400 Current Account Ina 16oo 6910 4,200 462,600 Karriage Inwards 7,860 office Equipment Telephone charges Meena Deeka DEBIT Capital Account Ina Machinery at cost Office Equipment at cost Delter and creditors and wha qupmind is 20 paon was writen CREDI 80,000 80,000 Meena 60,000 Deeka 180,000 24,600 General expenses 16,400 22.000 10,oo Drawings: Ina 35,000 27,00 Duka 14,400 Bank 12,000 Debtor Baddebts Loco 802 420 323, 420 Adelbonal Information as at 31 December 2019 were valued at RM 65, Soo 6 Drawings by the partners were as follows: CASH ina withdrew on 1 Mar) RM RM Ina (withdrew on 1 Mars 25,000 10,000 Meena withdrew on 1 April) Deeka (withdrew on salep) 21,00 6,000 16,400 c Electricity expenses for the month of December 2019, RM 1400 have been omitted d A bylas Isurance on the building e on 1 July, Ina decides to Increase her capitato by bringing machinesy worth @ Inventory GOODS om ipaid uncollectibles bota tikka debts of 6 1600 as fapta have decided to unteolt MEG The presion les bad debts is new charged at 8% of the remal debtors Required a Propant the income, statement and appropriation account to the yeas 3 Dee 2019 the curnent Account for each chrupan the statiment af hinancial position as at 31 Dec 2019. b. Prepare pastron