QUESTION TWO $(25$ MARISS$)$

Mbeli and Nancy have been in partnersh p for some jears running a car dealersh p tusiress.

Mball and Nancy beth crceve a solary of REO $000$ a year from the partnershlo turthemort, Mali recerve en sn$-$ual borus of R $6000$

Foerest cn cap ta is paid at the rate of a$\%$ snd profts are splt in the robo of $$1,$ The partnarsh p sgreemert also provided for imerett an drawings

On $1$ J$-$ne $2022.$ Mrai had a credr curre$-$t $2$ccount bularce of R$19000$ wrile Narcy had a debit curitnt accoant ba ance at Rbioon

Ther capitel account was teflected as R$105$ d$09$ and R $120050$ for both Moall and Nancy respect vey.

The prart for the yesr $=$ as R$542002$ daw nga wal charpesi an $125$

Required

Prepare the current accounts of Mbali and Nancy for the year mded $11$ December $2022.$ Basrke the accounts and bring down the balance on $1$ lanuary $2023$