On 31st March 2014, the balances in the capital accounts of Saroj, Mahinder, and Umar after making adjustments for profits and drawings, etc., were ₹ 80,000, ₹ 60,000, and ₹ 40,000 respectively

On 31st March 2014, the balances in the capital accounts of Saroj, Mahinder, and Umar after making adjustments for profits and drawings, etc., were ₹ 80,000, ₹ 60,000, and ₹ 40,000 respectively. Subsequently, it was discovered that the interest on capital and drawings has been omitted.

a) The profit for the year ended 31st March 2014 was ₹ 80,000.

b) During the year Saroj and Mahinder each withdrew a sum of ₹ 24,000 in equal installments at the end of each month and Umar withdrew ₹ 36,000.

c) The interest on drawings was to be charged @ 5% p.a. and interest on capital was to be allowed @ 10% p.a.

d) The profit-sharing ratio among partners was 4 :3 : 1.

Showing your workings clearly, pass the necessary rectifying entry.