question 1

Ms. Aliya and Ms. Juwaina started business on January 1, 2018 with capitals of OMR 180,000 and OMR 140,000 respectively. Ms. Aliya introduced OMR 20,000 as additional capital on April 1, 2018. They decided to share the profit and losses in the ratio of 2:1. They close their books of account on December 31, every year. How much will be paid as interest. on capital to Ms. Aliya and Ms. Juwaina, when the partnership deed provides 10 % as interest on capital and the firm gets a profit of OMR 60,000?

options

O a. OMR 20,000; OMR 34,000

O b. OMR 19,500; OMR 14,000

O c. OMR 40,000; OMR 20,000

O d. OMR 18,000; OMR 14,000