Are you looking for the solution of Question number 67 of the Fundamentals of Partnership Accounts (Firm) chapter TS Grewal Book 2023-24 Edition ISC Board?
Question number 67 of Partnership Accounts – Fundamentals is a theoretical one of TS Grewal Book ISC Board 2023-24.
Question – 67
Ram, Mohan and Sohan sharing profits and losses equally have capitals ₹ 1,20,000; ₹ 90,000 and ₹ 60,000. For the year ended 31st March, 2023, interest on capital was credited to them @ 6% instead of 5%. Give adjustement Journal entry.
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