Question

Vineet and Pawan are partners sharing profits and losses in the ratio of 3:2. During
the year 2016-17, Vineet had made drawings of Rs. 10,000 on which, as per the
partnership deed, interest @ 5% p.a. had to be charged but was omitted while
distributing the profit.
You are required to pass an adjusting journal entry to rectify the lapse in
accounting
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Answer 1

Answer:

Pls refrer to the picture i have provided

if you have some doubt do ask me

Answer 2

Answer:

this ans would be simple to understand