Asha and Vipasha are equal partners with fixed capitals of R5,00,000 and 2,00,000 respectively. After closing the accounts for the year ending 3 1st March, 2021 it was discovered that interest on capitals was provided @ 6% instead of 5% p.a. In the adjusting entry
Answers
Answered by
10
Answer:
Explanation:
Asha 's current a/c Dr. 1500
To vipasha 's current a/c 1500
Answered by
8
Explanation:
Asha dr 1500 Vipasha cr 1500
Attachments:
Similar questions