Following differences have arisen among P, Q and R. State who is correct in each case:     (3 marks)

(a) P used Rs 20,000 belonging to the firm and made a profit of Rs 5,000. Q and R want the amount to be given to the firmRs

(b) Q used Rs 5,000 belonging to the firm and suffered a loss of Rs 1000. He wants the firm to bear the lossRs

(c) P and Q want to purchase goods from A Ltd., R does not agreeRs

(d) Q and R want to admit C as partner, P does not agreeRs