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Accountancy · 2025 · 1 mark

CBSE 2025 · Region 5 · Set 2 · Q12

Sun and Moon were partners in a firm sharing profits and losses equally. Their fixed capitals were ₹ $\displaystyle 5,00,000$ each. After the accounts for the year ended 31st March, $\displaystyle 2024$ were prepared, it was discovered that interest on ca ital @ $\displaystyle 10$% .a. was not credited to the partners' current accounts as provided in the partnership deed. The rectifying adjustment entry for the same will be : Debit Credit Particulars Amount (Q Amount ()

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CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.