Q$3.$ The partnership of Ibrahim and Rawan has the following provisions:

$$ Ibrahim and Rawan receive salary allowances of SAR $50,000$ and SAR $15,000,$ respectively.

$$ Interest is imputed at $5\%$ on the average capital investment.

$$ Any remaining profit or loss is shared between Ibrahim and Rawan in a $3$:$1$ ratio, respectively.

$$ Average Capital investments: Ibrahim, SAR $300,000$; Rawan, SAR $150,000$

$$ Net income SAR $300,000$

Required: pass journal entry to allocate the profit between Ibrahim and Rawan