Mohan, Suhaan and Adit were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Their fixed capitals were: ₹ 2,00,000, ₹ 1,00,000…

Mohan, Suhaan and Adit were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. Their fixed capitals were : ₹ $\displaystyle 2{,}00{,}000$, ₹ $\displaystyle 1{,}00{,}000$ and ₹ $\displaystyle 1{,}00{,}000$ respectively. For the year ended 31st March, $\displaystyle 2023$, interest on capital was credited to their accounts @ $\displaystyle 8$% p.a. instead of $\displaystyle 5$% p.a. Pass necessary adjusting journal entry. Show your workings clearly.

Manoj and Nitin were partners in a firm sharing profits and losses in the ratio of $\displaystyle 2$ : 1. On 31st March, $\displaystyle 2023$, the balances in their capital accounts after making adjustments for profits and drawings were ₹ $\displaystyle 90{,}000$ and ₹ $\displaystyle 80{,}000$ respectively. The net profit for the year ended 31st March, $\displaystyle 2023$ amounted to ₹ $\displaystyle 30$,000. During the year Manoj withdrew ₹ $\displaystyle 40{,}000$ and Nitin withdrew ₹ $\displaystyle 20$,000. Subsequently, it was noticed that Interest on Capital @ $\displaystyle 10$% p.a. was not provided to the partners. Also Interest on Drawings to Manoj ₹ $\displaystyle 3{,}000$ and to Nitin ₹ $\displaystyle 2{,}000$ was not charged. Pass necessary adjusting journal entry. Show your workings clearly.