Sonu and monu are partners sharing profit and losses in the ratio of 2:1.their capital accounts at 1st april, 2015 were 10,00,000 and 8,00,000 respectively. the partners are allowed interest on capital @ 5% p.a. drawings of the partner during the year ended 31 march 2016 were 1,44,000 and 1,00,000 respectively. monu is entitled to get a salary of 10000 p.m. profit of the year before allowing interest on capital and salary was ₹16, 00,000. 10% of the net profit is to be transferred to general reserve.