29. A and B are partners sharing profits in 2 : 3 ratio, having fix capitals of 3,00,000 and 2,00,000 respectively. After closing books for the year 2018, the clerk realised that interest on capital w , provided @ 6% p.a. instead of 8%. The amount of adjustment en will be: a 2,000 thy ₹6,000 (c) 4,000 (d) None of these
Answers
Answered by
0
Answer:
4000 is the right answer
Answered by
1
Answer:
a) 2000
Explanation:
calculate the wrongly distributed IOC @6% (Cr.)
A- 18000 | B- 12000 | TOTAL- 30,000
calculate the right IOC to be given @8% (Dr.)
A- 24000 | B- 16000 | TOT- 30,000
subtract both of em ,
A- 6000 (Dr.) | B- 4000(Dr) | TOT- 10,000
distribute 10,000 to A & B in their ratios
A- 4000 (Cr.) | B- 6000(Cr.) | TOT- 10,000
subtract both of em ,
A- 2000(Dr.) | B- 2000(Cr ).
Similar questions