A and B are partners sharing the profits and losses in the ratio of 2:3 with
capitals of 12,000 and 6,000 respectively. On 1st October, 2017, A and B
granted loans of 24,000 and 12,000 respectively to the firm. The losses
before any interest for the year 2017-2018 amounted to 900. Show the
distribution of profits/losses by preparing profit and loss account
