Question 2 Satesh and Sarma are running a partnership business. The partnership agreement shows: i. They are sharing profits and losses at ratio 1:2. ii. Interest on capital 8% per annum. iii. Partners salaries per annum: Satesh RM1,000 and Sarma RM1,500. iv. Interest on drawings is 5%. V. Interest on loan 6% per annum. Balance on capital and current accounts on 1 January 2018: Sarma Satesh RM20,000 Capital RM18,000 Current Accounts RM300 (ct) RM200 (dt) Additional information: a. They were paid RM1000 of the salary by cash on 30 June 2018. b. Drawings: Satesh RM1,000 and Sarma RM800. C. Loan from Sarma to business on 1 January 2018 is RM8,000. d. Net profit for the year ended 31 December 2019 is RM20,000. = Based on the information you are required to prepare: a. Appropriation Profit and loss account for the year ended 31 December 2018. (6m) b. Current Accounts (4m)