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17.Asha and Vipasha are equal partners …

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17.Asha and Vipasha are equal partners with fixed capitals of Rs. 5,00,000 and Rs. 2,00,000 respectively. After closing the accounts for the year ending 31st March, 2019 it was discovered that interest on capitals was provided @ 6% instead of 5% p.a. In adjusting entry :

Posted by Rid Jain 4 years, 2 months ago

CBSE > Class 12 > Accountancy

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Jagriti Vishwakarma 1 year, 7 months ago

Asha 's current a/c Dr. 1500 To vipasha 's current a/c 1500

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