PAST ADJUSTMENTS
Question. 115
al are partners sharing profits in the ratio of 5:2. As per the partnership deed interest on capital
is allowed up. After preparing accounts at the end, it was found that total Interest on capital 41,006
was aliewed to the partners. To rectify the error, they passed an adjustment entry:
Particulars
L.F. Debit Credit
Dr
3.500
2.700
X's Capital Ad
To Y's Capital A
To Z's Capital A
Being error rectified
800)
Their opening capitals in the beginning were:
XRs 4.00.000: Y Rs 3,00.000 and Z Rs.1.00.000
X Rs 4,75,000: Y Rs. 3.50 000) and Z Rs.2.50.000
1 X Rs 4.25.000. Rs 3.75.000 and Z Rs 2.25.000
W XRs 4,50.000 YR 3.50.000 and Z Rs.1.50.000
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Answer:
2.500 2.70 vi compliant a 2 years cutting a to z cocktail MB game 800 open price 400 price 300 and price 100 areas for 750 price 3.15 zero and price price 2.5 5000 price one multiple 425 price 7500 rs price 2500 w X price 1500 why are three point 1500 and price 1.2 10000 thank you answer the answer so much
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