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Please help me with this accounting question. My exams are tommorow and I really need this question's answer


The partnership deed for Brad and angel provides that:
Interest on capital is 10% per annum
Interest is charged on drawings at 10 % per anumm
Angel is to receive a salary of 40 000 per annum
Profits and loss are shared in the ratio of brad : angel. 3:2
Net pofit for 2005 was $550 000
Cash drawings during 2005 for Brad and Angel were $30 000 and $35 000 respectively

The partner's balances on 1 July 2004 were :
Brad Angel
Capital a/c -------------- 190 000 140 000
Current a/c -------------- 12 000 Cr. 2000 Dr.

On 1st Jauary 2005, the partners agreed that Brad should withdraw $10 000 from his capital and Angel should increase her capital by $20 000.

Required:
Profit and loss appropriation accounts for the year ended 30 June 2005

Partners' Current account

Partners' Capital account

Please I am really counting on you guys for tmr important exam. Thank you, dont noe how much u helped me

profit and loss appropriation account as on ...30/06/2005
======================================...
Net Profit: 550000
Interest on Capital (34000)
Interest on Drawings 6500
Salary to Partners 40000
----------
Net Profit for appropriation 562500
======
Brad's share 337500
Angel's Share 225000
======

Fixed Capital Account as on 30.06.2005____Brad
======================================
Opening Balance 190000
Drawings (40000)
---------------
Balance 150000
=========

Capital account as on 30.06.2005_____Brad
=================================
Opening Balance 12000
Interest on capital 19000
Interest on Drawings (3000)
Net Profit 337500
-----------
Balance 365500
=======
Fixed Capital Account as on 30.06.2005____Angel
======================================
Opening Balance 140000
Drawings (35000)
Fresh capital 20000
--------------
Balance 125000
=========


Capital account as on 30.06.2005_____Angel
======================================...
Opening Balance (2000)
Salary 40000
Interest on capital 14000
Interest on Drawings (3500)
Interest on Fresh Capital 1000
Net Profit 225000
--------------
Balance 274500

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  Business financing   Business Invest   Business Debt   Bond Investment   Angel Funds   Alternative Investment
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