Chapter 1 Accounting for Partnership firms - fundamentals practical problems || Q 58

Accounting for partnership firms fundamentals Q 58 Partnership fundamentals Dk goel class12 Accounts Q58 Dk goel class12 Chapter 1 q58 chapter 1 Accounts class12 dk goel dk goel solutions Accounts class12 chapter1 Partnership fundamentals class12 one shot fundamentals of Partnership class12 questions Partnership Accounts fundamentals class12 class12 fundamentals of Partnership firm one shot ch 1 Accounting for partnership firms fundamentals Accounting for partnership fundamentals Accounts class12 fundamentals of Partnership ch 1 Accounts class12 fundamentals of Partnership fundamentals of Partnership class12 part 2 fundamentals of Partnership class12 isc fundamentals of Partnership class12 part 8 fundamentals of Partnership class12 questions After the accounts of a partnership firm drawn up and the books closed off ,it is discovered that for the year ended 31st March ,2020 and 2021 ,interest on capital has been credited to the partners upon their capitals at 5% p.a although no provision for interest is made in the partnership agreement . The amount involved are: Interest Credited Year A B C 4,200 2,400 1,320 4,320 2,520 1,320 You are required to put through adjusting entry as on 1st April ,2021,if the profits were shared as follows in 2020 ,2:2:1 and in 2021 ,3:4:3. #dkgoelaccountancyclass12solutionpartnership #dkgoelsolutions #dkgoelsolution #partnershipfundamentals #fundamentalofpartnership #dkgoel #partnershipclass12 #interestoncapital #singleadjustmententry #babitavasudev https://t.me/babitavasudev/ https://www.facebook.com/