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प्रश्न
P, Q, and R are partners sharing profits in the ratio of 2 : 1 : 1. Their capitals as of 1st April, 2023, were ₹ 50,000, ₹ 30,000 and ₹ 20,000, respectively. At the end of the year ending 31st March, 2024, it was found out that interest on capitals @ 12% p.a., salaries to P, ₹ 500 per month, and R ₹ 1,000 per month, were not adjusted from the profits. Show the adjusting entry to be made in the next year for the above adjustments.
रोजनामा प्रविष्टि
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उत्तर
| Particulars | P (₹) | Q (₹) | R (₹) | Total |
| Interest on Capital (Cr.) | 6,000 | 3,600 | 2,400 | 12,000 |
| Salary (Cr.) | 6,000 | - | 12,000 | 18,000 |
| 12,000 | 3,600 | 14,400 | 30,000 | |
| Less: Division of Firm’s Loss of 30,000 in 2 : 1 : 1 | 15,000 | 7,500 | 7,500 | 30,000 |
| Net Effect | (Dr.) 3,000 | (Dr.) 3,900 | (Cr.) 6,900 |
| Journal Entry | ||||
| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
| 2025 | ||||
| April 1 | P’s Capital A/c ...Dr. | 3,000 | - | |
| Q’s Capital A/c ...Dr. | 3,900 | - | ||
| To R’s Capital A/c | - | 6,900 | ||
| (Being omission of interest on capitals and salary adjusted.) | ||||
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