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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.

Anurag Pathak Changed status to publish 5 hours ago
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