Question

Jyoti, Dipak and Roshni are partners of a firm. Total capital of the firm is
Rs.2,00,000 and their capital ratio is 5:3:2. After distribution of profit at the end of
the year, it was realized that interest on capital at 6% was not calculated. Write
rectification entry​

Answer 1

Explanation:

ratio =5:3:2

let the capital be x

total number of ratio=10x

capital for the firm of 1 part =10x=2000

x =2000 /10

x = 200

now you can solve it by multiplying x with their ratio