Q2. The partners A, B and C runs a partnership firm M/s. Raga LLC with their capitals of OMR 112,000; OMR 67,200 and OMR 56,000 respectively on 1.1.2019. Partnership Deed of the business contains several clauses, which discloses the following information about the partnership arrangement. The firm has to pay Interest on Capital for the partners' capital @ 5.5 % p.a. and has to receive Interest on Drawings from the partners @ 2.5% p.a. Profit and Losses to be shared Up to OMR 12,600 in the ratio of 4:3:2 and Above OMR 12,600 equally. The net profit of the firm for the year ended 31st December 2019 amounts to OMR 77,700. Partner A has to get a salary @ OMR 840 per month, B and Chave to get 10% commission each on the net profit and the Bonus to be paid to A and C @ OMR 700 each. Drawings of the partners are - A OMR 6,720: B OMR 4,480 and C OMR 2,800 Prepare Profit and Loss Appropriation Account and (2.5 Marks) b. Capital Accounts of the partners assuming - a. Capitals are fixed and b. Capitals are fluctuating. (2.5 Marks) a