Raja, Roopa and Mala sharing profits and losses equally have fixed capitals of ₹ 12,00,000, ₹ 9,00,000 and ₹ 6,00,000 respectively
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
Anurag Pathak Answered question May 31, 2024
