xy and z are equal partners with fixed capitals of ₹ 2,00,000; ₹3,00,000 and ₹4,00,000 respectively. after closing the amount for year ending 31st march, 2019 it was discovered that interest on capitals @ 8% p.a was omitted to be provided inthe adjusting entry
a)Dr X & cr Y by ₹8000
b) cr X & dr Z by ₹ 8000
c) dr X & crZ by ₹ 8000
d) cr X & dr Y by ₹ 8000
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Answer:
C is correct
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