On 1^st January 2014, Tom, Mac and Job entered into partnership contributing $200,000,$120,000 and $120,000 respectively and sharing profits in the ratio of 2:1:1. Mac is to be allowed a salary of $48,000 per year. Interest on capital is to be allowed at 9% per annum. Tom and job are entitled to receive a commission of $20,000. Tom is to be allowed a salary of $ 72,000 per year. During the year, Tom withdrew $20,000 and Job $24,000; interest on the same being 10%.Profit in 2014 before the above mentioned adjustments was $100,000. You are required to prepare the Profit and Loss Appropriation Account and the partners capital Accounts.