ILLUSTRATION 42. (Omission of interest on drawings)
X Y and Z are partners sharing profits and losses in the ratio of 3.2.1. After the final
accounts have been prepared, it was discovered that interest on drawings (65% pa
had not been taken into consideration. The drawings of the partners were:
X:375.000, Y : 363.000.Z: 60.000,
Give the necessary adjusting journal entry with proper calculations,
He Bourd 2010 SET-B, 2011 SET-AI
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find the prime factor by the divided more bad 33
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