18. Reema and Seema are partners sharing profits equally. The Partnership Deed provides that both Reema and Seema will get monthly salary of ₹15,000 each, interest on Capital will be allowed @ 5% p.a. and Interest on Drawings will be charged @10% p.a. Their capitals were ₹5,00,000 each and drawings during the year were ₹60,000 each.

The firm incurred net loss of ₹1,00,000 during the year ended 31st March, 2025.

Prepare Profit & Loss Appropriation Account for the year ended 31st March, 2025.