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I need the answer as soon as possible Old mathjax Webview within 5...

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Accounting

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Old mathjax Webview within 5 minutes or else skip please 61. Aman, Babita and Suresh are partners in a firm. Their profit-sharing ratio is 2:2:1. However, Suresh is guaranteed a minimum amount of 10,000 as share of profit every year. Any deficiency arising on that account shall be met by Babita. The profits for the two years ending 31st March, 2010 and 2011 were 340,000 and 360,000 respectively. Prepare Profit and Loss Appropriation Account for the two years

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