Raj, Mehak and Divya were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. Their respective capitals were : ₹ 6,00,000, ₹ 4,00,000 and ₹ 2,00,000

Raj, Mehak and Divya were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. Their respective capitals were : ₹ 6,00,000, ₹ 4,00,000 and ₹ 2,00,000. The partnership deed provided for the following:

(a) Interest on capital @ 8% per annum.

(b) Interest on drawings @ 6% per annum

(c) Interest on partner’s loan to the firm @ 5% per annum.

During the year, Raj had withdrawn ₹ 12,000 on 1st October, 2021, while Mehak withdrew ₹ 60,000 on 1st December, 2021.

On 1st January, 2022, Divya had given a loan of ₹ 1,20,000 to the firm.

Pass the necessary Journal entries in the books of the firm for the following transactions for the year ended 31st March, 2022: