12. Nirmal and Pawan are partners sharing profits in the ratio of \( 3: 2 \). The firm had given loan to Pawan of ₹ \( 5,00,000 \) on 1 st April, 2019. Interest was to be charged @ \( 10 \% \) p.a. The firm took loan of \( ₹ 2,00,000 \) from Nirmal on 1 st October, 2019. Before giving effect to the above, the firm incurred a loss of ₹ 10,000 for the year ended 31st March, \( 2020 . \)
Determine the amount to be transferred to Profit and Loss Appropriation Account.
