Q.21. P, Q and R are partners sharing profit and losses in the ratio of 3:2:1. After the final accounts
have been prepared, it was discovered that interest on drawings@5% per annum has not been taken
in to consideration. The drawings of the partners were: P Rs.15,00,000, Q Rs. 12,60,000, R
Rs.12,00,000. Pass the necessary adjusting journal entry.
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