Nawab & Ahmad Co. are in toys business. Their individual investments in the business on 1 January 2016 were: Nawab RM80,000; Ahmad RM40,000. Interest should be allowed on capital at 7 percent per annum. For the year ended 31 December 2016, the net profit was RM50,000, and the partner's drawings were: Nawab RM8,000; Ahmad RM9,000. They have agreed to share profits and losses equally. The partners entitled for annual salaries of: Nawab RM10,000; Ahmad RM14,000. REQUIRED: Prepare the profit and loss appropriation account and the partner's current accounts for the ended 31 December 2016. year