X.Y.Z are partners who shares profit and losses in the ratio of 2/5:2/5;1/5 their partnership deed provides to allow interest on their capital @6%annum by mistake in the year 2018.The interest of capital has been credited @5% has amounted to ₹8500, ₹7500 , ₹7000 respectively.For adjustments error of interest give necessary journal entry on Jan 1st 2019.
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answer is element 15 of math
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