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Please give me the answer of this question as early as possible 32.3 Dunn and Outram sell toys. Their individual investments in the business on

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Please give me the answer of this question as early as possible

32.3 Dunn and Outram sell toys. Their individual investments in the business on 1 January 2018 were: Dunn 160,000; Outram 70,000. For the year to 31 December 2018, the net profit was 90,000 and the partners' drawings were Dunn 26,000; Outram 32,000. For 2018 (their first year), the partners agreed to share profits and losses equally, but they decided that from 1 January 2019: (1) The partners should be entitled to annual salaries of: Dunn 20,000; Outram 30,000. (in Interest should be allowed on capital at 5 per cent per annum. (iii) The profit remaining should be shared equally (as should losses). Drawings Net trading profit before dealing Dunn Outram with partners' items f 2019 110,000 2020 24,000 28,000 50,000 22,000 34,000 years. Prepare the profit and loss appropriation accounts and the partners' current accounts for the three

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