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Santa and Vandana were partners in a firm sharing profits in the ratio of their capitals contribution on commencement of business which were Rs.400.000 and Rs. 3.00.000respectively. The lat started business on 1st April 2018. According to the partnershipagreementA. Every year, in case of proti Rs. 50,000 or 10% of the profit whichever is more will betransferred to general reserve.B. interest on capital is to be allowed at the rate of 12% per annum and interest ondrawing is to be charged Q 10% per annum.C. Sarita and Vandana are to get a monthly salary of Rs. 10,000 and 15.000respectively.D. The profit for the year ended 31st March 2019 before making above appropriationsWBS RS 6.00,000​

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