Question

Krishna, Arjun and Bhim are partners in a firm. The balance of their capital
account are 5,000; 10,000 and 15,000 respectively. At the time of preparation
of final account it was found that 5% interest on partners capital was to be
allowed and Krishna was entitled to get * 4,500 as salary. But without making
provision for interest and salary, profit & loss was divided among the partners
,
Make adjustment entries to rectify above errors when the profit of the firm was
* 6,000​

Answer 1

Answer:PLEASE SEE TO THE IMAGES

Answer 2

See this solution and also try it own also....