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Question 11 Marked out of 5.00 Not yet answered p Flag question Maryam and Nadya started a partnership business on January 01, 2020 and contributed

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Question 11 Marked out of 5.00 Not yet answered p Flag question Maryam and Nadya started a partnership business on January 01, 2020 and contributed OMR 80,000 and OMR 70,000 respectively as their capital and decided to share profit and loss in the ratio of 3:2. The partnership deed provided that Maryam is to be paid a salary of OMR 3,000 per month and Nadya commission of 25% on niet profit before interest, salaries and commission. It is also provided that interest on capital is allowed at 6 percent per annum and interest on drawing at 8 per cent per annum. The drawings were Maryam OMR 10,000 and Nadya OMR 15,000. The net amount of profit as per profit and loss account for the year 2020 was OMR 150,000. Answer the following questions. The interest on capital of Nadya is The interest on drawing of Maryam is The total salaries of Maryam is The entry to record the salary of Maryam is The share of Nadya in the profit (loss) after the distribution of interests on capital and drawing, salaries and commission is

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