(Solved): b) Owino and Gaceri are in partnerisip sharing profises and buses and beses in tec rate of 1: 2the p ...
b) Owino and Gaceri are in partnerisip sharing profises and buses and beses in tec rate of 1: 2the partnemip deed provides the interest on capial as fix nate of 10% per amars The following balances were extractod from the books of parterefip as as 31, Decereber 2028. Capital accourts Owine 60,000 Gaceri 48,000 Current accounts Owino 30,000 Gaceri 24000 Partnership salaries Owino - 9000 Gaceri 6000 The firm net profi per year was Ksh. 32840 During the year Owino made drawings of Ksh 12, 000, the rate of riterest charged on such drawings being of
10%per aman 6 of 9C2025 TVET CDMC Required; From above information prepare i) Appropriations account for the year ending 31* December 2024 (7 marks) ii) A current account (5 marks) anos filled to agree. The debit side
