Ab and c were partners in a firm having capitals of rs 60,000 rs 60,000 and rs 80,000 respectively. their current account balances were a rs 10,000 b rs 5000 and c rs 2000(dr). according to their partnership deed the partners were entitled to interest on capital @5%p. a. c being the working partner was also entitled to a salary of rs 6000 p. a. the profits were to be divided as follows: - (i) the first 2 in proportion to their capitals(ii) next 30,000 in the ratio of 5: 3: 2.(iii)remaining profits to be shared equally. the firm made profits of rs 1,56,000 before charging any of the above items. prepare the profits and loss appropriation a/c and pass necessary journal entry for appropriation of profit