|Liabilities||Amount (Rs.)||Assets||Amount (Rs.)|
|Mannu’s Capital (30,000)||Drawings:|
|Shristhi’s Capital (10,000)||40,000||Mannu (4,000)|
Profit for the year ended 31st March, 2019 was Rs. 5,000 which was divided in the agreed ratio, but interest @ 5% p.a. on capital and @ 6% p.a. on drawings was inadvertently omitted. Adjust interest on drawings on an average basis for 6 months. Give the adjustment entry.