Prepare a profit and loss appropriation account for Green, Brown, and White for the year ended 31 December 20X8, and balance sheet extracts at that date, from the following details:

• Net profits: £45,200
• Interest to be charged on capitals: Green £3,000; Brown £1,200; White £1,800
• Interest to be charged on drawings: Green £350; Brown £250; White £150
• Salaries to be credited: Brown £3,000; White £4,000
• Profits to be shared: Green 40%; Brown 35%; White 25%
• Current accounts: Green £2,100; Brown £1,300; White £900
• Capital accounts: Green £50,000; Brown £20,000; White £25,000
• Drawings: Green £12,000; Brown £8,000; White £9,000