A, B and C are partners in a firm with capitals of Rs 40,000, Rs 60,000 and Rs 80,000 respectively. After the accounts of the firm for the year have been closed, it is discovered that interest @8 % p.a. as provided in partnership agreement has not been credited to capital accounts of the partners before distribution of profit. It is decided to make an adjustment entry at the beginning of the next year.
(Ans- A's capital A/c Dr. and C's capital A/c Cr. by Rs 1,600)
Answers
Answered by
4
BRO HERE IS YOUR ANSWER GOT IT IF YOU HAVE ANY QUERY PLEASE ASK TO ME
Attachments:
Vedangi1:
Thank you so much
wo to pata hai mujhe par maine kuch mistake kar di thi isiliye nahi aa raha tha. thanks
haa...sab samaj aa gaya kaise kiya. mistake pata chal gai.
Answered by
1
Answer:
here is the answer. hope it may help.
Attachments:
Similar questions