Senah, Bedah and Tipah has agreed to share their profits or losses in the ratio of 3:2:1. If the revised profit of the appropriation statement for the year ended 31 December 2019 is RM12,270, What is the amount of profits shared by Tipah? (1 mark) *

1 point

a)RM6,135

b)RM4,090

c)RM2,454

d)RM2,045

Based on the following information, Which of the following concerning interest on drawings of Bedah is TRUE? (1 mark) *

1 point

a)Credit appropriation account RM336

b)Debit appropriation account RM336

c)Debit appropriation account RM224

d)Credit appropriation account RM196

Based on the following information, calculate the total interest on drawings of Senah for the year ended 31 December 2019. (1 mark) *

2 points

a)RM432

b)RM249

c)RM3,928

d)RM285

Interest on closing capital balances is to be allowed at 10% per annum . On 31 August 2019, Bedah has brought in a massage chair into the business worth RM7,500. The opening balance of her capital was RM10,000. Which TWO (2) of the following are the correct working to calculate the interest on capital of Bedah in the appropriation account of the business for the year ended 31 December 2019? ( 1 mark) *

2 points

a)RM 10,000 x 10%

b)RM 7,500 x 10% x 4/12

C)RM 7,500 x 10% x 5/12

D)RM 27,000 x 10% x 4/12

Senah, Bedah and Tipah has agreed to share their profits or losses in the ratio of 3:2:1. If the revised profit of the appropriation statement for the year ended 31 December 2019 is RM12,270, What is the amount of profits shared by Tipah? (1 mark) *

1 point

a)RM6,135

b)RM4,090

c)RM2,454

d)RM2,045

Based on the following information. Which of the following statements is the correct journal entry related to the drawings made by Senah for the year ended 31 December 2019? *

1 point

a)A debit of RM 5,400 to Senahs current account

b)A debit of RM 5,400 to Drawings account

c)A credit of RM 5,400 to Senahs current account

d)None of the above

Based on the following information. Which of the following statements is the correct journal entry related to the drawings made by Bedah for the year ended 31 December 2019? (1 mark) *

1 point

a)None of the above

b)A debit of RM 4,200 to Drawings account

c)A debit of RM 4,200 to Bedahs current account

d)A credit of RM 4,200 to Bedahs current account