MARKS 2-2:1 ratio. Their agreement stated the are paid to Amin and Lily Amin, Lily and Micheal share profit and loss at 2.2:1 ratio. Their apr following: i. Salary of RM9,600 and RM12,000 per year are paid to Ami respectively. ii. Interest of 5% per year is paid on capital contributed by parto d the following balances on 1 January 2018. Capital accounts and current account showed the following balances on 11 Amin Capital Account (RM) 80,000 60,000 40,000 Current Account (RM) 3,648 (Cr) 2,850 (Cr) 2,264 (Cr) Lily Micheal Profit loss and account on 31 December 2018 showed net profit of RM97,900 Drawings by partners on 31 December 2018 are as follow: Amin Drawing (RM) 38,650 42,840 15,050 Lili Micheal Required: Prepare the following: a) Profit or loss appropriation account for the year ended 31 December 2018. [CLOI:PLOI:C3](7 marks) b) Current account for each partner. [CLO1:PL01:03](7 marks) c) Extract of statement of financial position as at 31 December 2018. d) Partnership business is bound by Partnership Act 1961. Give any covered by the Act. [CLOI:PLO1:C3](6 marks) Act 1961. Give any FIVE (5) provisions [CLO1:PLO1:C2)