国际会计考试类题目.docVIP

3.1 R Case Study 1 Adala and Barly are in partnership sharing profits and losses in the ratio 3:2. The partnership agreement further states that: (1) Adala an annual salary will be ￡10,000. and Barly will be ￡5,000 (2) Each partner is to be charged interest at 4% per annum on the total amount of his drawings in any year. Their trial balance at 31 December 2008 as show as follows: Capital Adala 65,000 Barly 30,000 Current a/c at 1 January 2008 Adala 12,800 Barly 10,500 Drawing Adala 16,000 Barly 9,500 Sales 102,900 Freehold premises 50,000 Motor