[ISC] Q. 81 Solution of Fundamentals of Partnership Firms TS Grewal Book (2024-25)

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Solution of Question Number 81 of the Fundamentals of Partnership Accounts (Firm) chapter TS Grewal Book 2024-25 Edition ISC Board.

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.

Solution:-

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Anurag Pathak

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