Amal, Bimal and Kamal are three partners. On 1st April, 2018, their Capitals stood as: Amal rs 40,000, Bimal rs 30,000 and Kamal rs 25,000. It was decided that:

(a) they would receive interest on Capital @ 5% p.a.,                                 (5 marks)

(b) Amal would get a salary of rs 250 per month,

(c) Bimal would receive commission @ 4% on net profit after deducting commission, interest on capital and salary, and

(d) After deducting all of these 10% of the profit should be transferred to the General Reserve.

Before the above items were taken into account, net profit for the year ended 31st March, 2019 was rs 33,360. Prepare Profit and Loss Appropriation Account and the Capital Accounts of the Partners.