[CBSE] Q. 45 DK Goel Fundamentals of Partnership [2024-25]

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Solution of Question Number 45 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25).

A, B and C are partners sharing profits and losses in the ratio of 5 : 3 : 1. After the final accounts have been prepared, it was discovered that interest on drawings had not been taken into consideration. The interest on drawings of partners amounted to A ₹ 8,000, B ₹ 6,000 and C ₹ 4,000. Give the necessary adjusting Journal entry.

Ans.

C’s Capital A/c Dr. 2,000
To A’s Capital A/c 2,000

Solution:-

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1Question – 1
2Question – 2
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60Question – 60(A), 60(B), 60 (C)
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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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