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171 poSonu and Romy are equal partners with fixed capital of Rs 4,00,000 and 3,00,000 respectively afterclosing the account for the year ending 31st March 2019 it was discovered that interest on Capital wasprovded @ 8% instead of 10% p.a. In the adjustment entryla) sony will be credited by 8,000 and Romy will be credited by 6,000(b) sony will be debited by 8.000 and Romy will be debited by 6,000(c) sony will be debited by 1,000 and Romy will be credited by 1,000(d) sony will be credited by 1,000 and Romy will be debited by 1,000D A |
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