please, assist me with this work.

MS-EXCELL

Ada, Binta and Chinyere are in partnership. The partnership agreement provide the following;

1 Binta and Chinyere shall receive a salary of N4,000 and N6,000 respectively.

2 Interest allowed on capital at the rate of 5%.

3 interest allowed at the ratio of 4% on current balance at the beginning of the year.

4 Interest is chargeable on drawing at the rate of 8% par annum.

5 Profit sharing ratio is 5:3:2

6 The net profit for the year ended 31st Dec, 2003 amounted to N20,135

You are also given the following capital account as at 1st January 2003,
Ada has N15,000, Binta Þ N12,500, ChinyereÞ 10,000.

Current account as at 31st January 2003, Ada has N2,500, BintaÞ N1,250 ,
Chinyere Þ N500.

Withdrawing as at 31st March 2003, Ada withdrew N1,000 , Binta Þ N750,
Chinyere Þ 1,000.

As at 30th of June 2003, Ada withdrew N1,000 , Binta Þ N750,
Chinyere Þ 1,250

You are required to prepare the following ;

A. profit and loss appropriation account as at 31/12/2003,.
B. Partners withdrawing account of the year 2003,.
C. Partners current account of the year 2003,.
D. Partners capital account for the year 2003,.
E. An extral of the partnership balance shit as at 31/12/2003.



thank you. please send me the finished work to my e-mail; orgmatter@yahoo.com in a word file format.

thank you.