Q 6. A and B are partners from 1st April, 2018, without a Partnership Deed and they introduced capitals of 35,000 and 20,000 respectively. On 1st October, 2018, A advanced loan of 8,000 to the firm without any agreement as to interest. The profit and Loss Account for the year ended 31st March, 2019 shows a profit of 15,000 but the partners cannot agree on payment of interest and on the basis of division of profits.

You are required to divide the profits between them giving reasons for your method.