Section 2 (5 Marks) [CLO 3] Answer the following: Kareem and Leo are partners sharing profits and losses in the ratio of 2:3. They admit Ahmed for a sixth share. Calculate the new ratio and sacrificing ratio. Section 3 (5 Marks) [CLO 3 On 1 January 2016, Mohammad and Hamza entered into partnership contributing $90,000 and $70,000 respectively and sharing profits in the ratio of 2:1. Hamza is allowed a salary of $10,000 per year. Interest on capital is allowed at 10% per annum. Mohammad is entitled to receive a commission of $9,000. During the year, Hamza withdrew $10,000 and Mohammad $11,500; interest on the same being 12% per annum. Profit in 2016, before the above mentioned adjustments, was $75,000. You are required to prepare the Profit and Loss Appropriation Account and the Partners' Capital Accounts. Particulars Amount Particulars Amount Dale Particulars JF AmountDate Particulars JF Amount DateParticulars JF Amount Date Particulars JFAmount