Question

66. On 31st March, 2020, after the closing of the accounts, Capital Accounts of P, Q and R stood in the books
of the firm at * 40,000; * 30,000 and 320,000 respectively. Subsequently, it was noticed that interest on
capital @ 5% had been omitted. Profit for the year ended 31st March, 2020 was 7 60,000 and the partners'
drawings had been P—10,000,0—37,500 and R-4,500. Profit-sharing ratio of P, Q and Ris 3:2:1.
Pass necessary adjustment entry​

Answer 1

Answer:

read to your text book look dan

Answer 2

Explanation:

there you go . I hope it helps