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Drawings PUSAT PENGAJIAN PERAKAUNAN FAKULTI EKONOMI DAN PENGURUSAN SEMESTER 1 SESI 2018/2019 EPPD1033 TUTORIAL: ACCOUNTING FOR PARTNERSHIP Question 1 Rory, Sori dan Tory are RM50,000 to start up the partners artnership. Each partner contributed 0.000. Profit will be shared by ore business for the year ended 31 Disember 2018 is RM31 each partner after taking account the following terms: (-0 Interest on beginnfqCapital is 70% peryear. □ Interest on withdrawa year O Profit iuladvance to partnership amounting RM125,000 at 1 May 2018 shng balance of current account and withdrawal for each partner are follows: Current account 30,000 20,000 40,000 Rory mc elve salary RM10,000 per month. AAseeee. e advandc t will be shared based on 2:3:5 to Rory, Sori dan Tory respectively op Withdrawal Rory Sori Tory Required 60,000 55,000 25,000 Prepare at at 31 December 2018: a. Schedule for Division of Profit and Loss b. Current account partners

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