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A, B and C are partners sharing profits and losses in the ratio of A 1/2, B 3/10, C 1/5 after providing for interest @ 5% on their respective capitals, viz., A rs 50,000; B rs 30,000 and C rs 20,000 and allowing B and C a salary of rs 5,000 each per annum. During the year ended 31st March, 2019, A has drawn rs 10,000 and B and C in addition to their salaries have drawn rs 2,500 and rs 1,000 respectively. Profit and Loss Account for the year ended 31st March, 2019 showed a net profit of rs 45,000. On 1st April, 2018, the balances in the Current Accounts of the partners were A (Cr.) rs 4,500; B (Cr.) rs 1,500 and C (Cr.) Rs 1,000. Interest is not charged on Drawings or Current Account balances. Show Partners' Capital and Current Accounts as at 31st March, 2019 after division of profits in accordance with the partnership agreement. (5 marks)
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