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X, Y and Z are equal partners with fixed...

X, Y and Z are equal partners with fixed capitals of Rs.5,00,000, Rs.3,00,000 and Rs.1,00,000 respectively. After closing the accounts for the year ending 31st March 2021 it was discovered that interest of capital was provided @6% instead of 5% p.a. In the adjusting entry :

A

Dr. X and Cr. Z by Rs.2,000

B

Cr. X and Dr. Z by Rs.2,000

C

Dr. X and Cr. Y by Rs.2000

D

Cr. X and Dr. Y by Rs.2,000

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