Question: Please 100% correct within few minutes or else skip 49. Ram, Shyam and Mohan are partners in a firm sharing profits and losses in the

Please 100% correct within few minutes or else skip 49. Ram,

Please 100% correct within few minutes or else skip 49. Ram, Shyam and Mohan are partners in a firm sharing profits and losses in the ratio of 2:1:2. Their fixed capitals were 33,00,000; 21,00,000 and 32,00,000 respectively. Interest on capital for the year ended 31st March, 2014 was credited to them @9%p.a. instead of 10% p.a. The profit for the year before charging interest was 2,50,000. Prepare necessary adjustment entry

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