Jadu and Madhu started a partnership business on 1st January 2016 by investing Rs25,000 and Rs 20,000 respectively. During the year they made a profit of Rs 20,000 only. On 1st July 2016 Madhu advanced a loan of Rs 15,000 only (not as capital) to the business. During the year Jadu drew @Rs 1,000 per month from the business. There was nothing mentioned in respect of accounting matter in their partnership deed. How would they divide profit at the end of the year, show by preparing 1. Profit and loss appropriation account and 2. Capital Account

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