[CBSE] Q. 55 DK Goel Fundamentals of Partnership [2024-25]
Solution of Question Number 55 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25).
X, Y and Z are partners in a firm sharing profits and losses in the ratio 5 : 3 : 2. Their capitals (fixed) are ₹ 2,00,000; ₹ 1,50,000; ₹ 1,25,000 respectively. For the year ended 31st March, 2024 interest on capital was credited to them @ 8% instead of 10%.
Give adjusting journal entry.
[Ans. X’s Current A/c will be debited by ₹ 750; Y and Z’s Current A/cs will be credited by ₹ 150 and ₹ 600 respectively.]
Solution:-
Here is the complete index of solutions
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| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
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| 55 | Question – 55 |
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| 60 | Question – 60(A), 60(B), 60 (C) |
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| 61 | Question – 61 |
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| 101 | Question – 101 |
| 102 | Question – 102 |
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| 105 | Question – 105 |
| 106 | Question – 106 |
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| 108 | Question – 108 |
| 109 | Question – 109 |
| 110 | Question – 110 |
