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X, Y&Z were partners sharing profit …

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X, Y&Z were partners sharing profit on ratio 5:3:2. Their capital were 300000,200000,100000.for the year 2005 interest on capital was credited to them @9% p.a instead of 10% p. a. pass adjustment entry to rectify the error

    • Posted by Abhishek Namdev 8 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Sunny Malhotra 8 years, 6 months ago

    And cr firm by 54000 then cr x by 30000 u by 20000 and z by 10000 and Dr. Firm by 60000

    0Thank You

    Sunny Malhotra 8 years, 6 months ago

    Make an adj table dr x by 27000 dr y by 18000 and dr z by 9000 and cr

    0Thank You

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    • Posted by Srishti Arya 1 year, 5 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    CBSE > Class 12 > Accountancy
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