The partnership of Ibrahim and Rawan has the following provisions:

- Ibrahim and Rawan receive yearly salary allowances of SAR 30,000 and SAR 20,000, respectively.

-Interest is rate of 6 % on the average capital investment.

-Any remaining profit or loss is shared between Ibrahim and Rawan at a ratio of 2:1 ratio, respectively.

-Average Capital investments: Ibrahim SAR 100,000; Rawan, 50,000

Required:

1. Prepare a schedule showing the distribution of the profit between the two partners assuming the partnership profit SAR 200,000.
2. Pass journal entries to allocate the profit to the partners.