Question 11 A. Roy & Joy formed a Partnership Business. They did not The profit for year ended 31 Dec 2020 was $78,000. Jo year is $78,000 as they did not have a written Partne B. $33,000 C. $39,000 Zero as they did not have a written Partnersh D. b Zero as they did not have a written Partnership agreement $78,000 as they did not have a written Partnership agreement $39,000 $33,000 d Question 12 Depreciation to machinery is debited to: A. Profit & loss a/c B. Machinery a/c C. Depreciation a/c D. Expenses and loss a/c Expenses and loss a/c Machinery a/c Profit & loss a/c Depreciation a/c C