[CBSE] Q. 97 DK Goel Fundamentals of Partnership [2024-25]

Solution of Question Number 97 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25).

Raja, Roopa and Mala sharing profits and losses equally have fixed capitals of ₹ 12,00,000, ₹ 9,00,000 and ₹ 6,00,000 respectively. For the year ended 31st March, 2024, interest was credited to them @ 6% instead of 5% p.a. Give adjusting entry.

[Ans.]

Raja’s Current A/c Dr. 3,000
To Mala’s Current A/c 3,000

Solution:-

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