Question

X, Yand Z are equal partners with foxed capitals of 5,00,000, 73,00.000 and 1,00.000 respectively after closing the accounts for the year ending 31 st March 2019 It was discovered that interest on capitals was provided @ 6% instead of 5% p.a. in the adj
Dr X and C Zby 22.000
Cr X and Dr Zby 2000
Dr X and Cr Y by 2 000
C. X and Dr Y by 2 000​

Answer 1

Answer:

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Explanation:

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