You are given the following year end information:

OMR

Sales - 50,000

Capital:

A - 20,000

B - 10,000

Cost of goods sold - 28,000

Wages - 1,200

Salary - 2,500

Other administrative expenses - 800

Machinery - 12,000

Debtors - 5,000

Other information:

1. Provide 5% depreciation on machinery
2. Create a provision for doubtful debts @ 2%
3. Outstanding salary - OMR 200
4. Mr. A is entitled to get a salary of OMR 2,000 p.a
5. Interest on capital is 5%

Required:

1. Trading, profit and loss account of the partnership firm for the year ended.
2. Profit and loss appropriation account for the year ended
3. Capital accounts and current accounts of the partners for the year ended assuming fixed system of capital