Advertisements
Advertisements
प्रश्न
P, Q, and R, sharing profits in the ratio of 2 : 1 : 1, have fixed capitals of ₹ 4,00,000, ₹ 3,00,000, and ₹ 2,00,000, respectively. After closing the accounts for the year ending 31st March, 2024, it was discovered that interest on capitals was provided @ 6% instead of 8% p.a. In the adjusting entry:
पर्याय
Cr. P ₹ 1,000; Dr. Q ₹ 1,500 and Cr. R ₹ 500
Dr. P ₹ 500; Cr. Q ₹ 1,500 and Dr. R ₹ 1,000
Cr. P ₹ 500; Dr. Q ₹ 1,500 and Cr. R ₹ 1,000
Dr. P ₹ 1,000; Cr. Q ₹ 1,500 and Dr. R ₹ 500
MCQ
Advertisements
उत्तर
Dr. P ₹ 1,000; Cr. Q ₹ 1,500 and Dr. R ₹ 500
Explanation:
| Particulars | P (₹) | Q (₹) | R (₹) | Total (₹) |
| Partners less credited with 2% interest | 8,000 | 6,000 | 4,000 | 18,000 |
| By allowing this interest, the profits of the firm will be reduced by 18,000. This loss will be divided in the ratio of 2 : 1 : 1. | 9,000 | 4,500 | 4,500 | 18,000 |
| (Dr.) 1,000 | (Cr.) 1,500 | (Dr.) 500 | − |
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
