The following information was taken from the books of Nhlakanipho & Shaun: Balances in the general ledger of Nhlakanipho & Shaun at the financial year end - 31 March 2019 Debit (R) Account Capital: Nhlakanipho (1 April 2016) Capital: Shaun (1 April 2016) Current: Nhlakanipho (1 April 2016) Current: Shaun (1 April 2016) Drawings: Nhlakanipho Drawings: Shaun Replacement reserve Profit and loss Property, plant and equipment 19 000.00 9 500.00 8 000.00 784 500.00 Credit (R) 95 000.00 80 000.00 16 000.00 105 000.00 525 000.00 Appropriations according to the partnership agreement at the financial year end 31 March 2019: 1. Interest on capital must be appropriated at 8% per annum. Capital account balances remain 2. Interest on drawings must be appropriated at 15% per annum, as if the drawings were made 7 months prior to the end of the financial year. 3. Interest on current accounts must be appropriated at 11% per annum (on opening balances). 4. Both partners must receive an annual salary at the end of the financial year: Nhlakanipho - R 36 750.00 Shaun - R 73 500.00 constant. . 5. Shaun must receive an annual bonus at the end of the financial year: R 42 000.00 6. R 63 000.00 is to be transferred to the general reserve at the financial year-end. 7. The remaining profit must be split between the partners in the following ratio: Nhlakanipho-4 . Shaun - 3 REQUIRED: Open, post to and balance the following accounts in the general ledger of Nhlakanipho & Shaun for the year ended 31 March 2019. 1.1. Appropriation account 1.2. Current: Nhlakanipho 1.3. Current: Shaun (10) (10) (10)