Question No 62 of TS Grewal (CBSE)

Ram, Mohan and Sohan were partners sharing profits in the ratio of 2:1:1. Ram withdrew Rs. 3,000 every month and Mohan withdrew Rs. 4,000 every month. Interest on drawings @6% pa was charged, whereas the partnership deed was silent about interest on drawings. Show your working clearly, pass the necessary adjustment to rectify the entry.

Solution No 62 of TS Grewal (CBSE)

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