Use the information below to answer questions 39 and 40. Jumoke and Kunle have an original investment of N25,000 and N15,000 respectively in a partnership. The articles of partnership provides 3% interest on capital and salaries of N1,500 and N1,000 respectively for the partners. The profits and losses are to be shared in the ratio 3:2. Miscellaneous expenses of N2,500 were incurred with gross profit of N6,500 during the financial year. The balance of profit and loss account will be?
