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

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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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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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