Use the following information to answer the question below Ajem and Ogah were in partnership sharing profits and losses in the ratio 2:3. Interest on capital and drawings were 5% and 3% respectively. The following details relate to the partnership for the year 2017. Ogah Ajem Capital Account 60,000 65,000 Current Account 40,000 50,000 Drawings 20,000 30,000 Salary 10,000 - Netprofit was 100,000
