Joint Venture Question.

Ram and Mohan entered into a Joint Venture on 15th April, 2015. They opened a joint banking account with a sum of 370,000 out of which Ram contributed 340,000 and Mohan contributed the balance. They agreed to share profits or losses in the ratio of 3 : 2 after providing for interest on capitals at 6% p.a. They purchased goods for $60,000 in cash and sent to a New Delhi agent for sale. Freight and insurance amounted to 53,800. All the goods were sold by the agent for 31,05,000 and the agent remitted the amount after deducting his commission at 10% and expenses 1,650. Prepare necessary accounts in the books of Joint Venture, assuming that the final settlement was made on 15th August, 2015