question_answer

X, Y and Z are partners sharing Profits & Loss in the Ratio of 4:3:2 with a capital of Rs.5,00,000 each. Salary of X Rs.15,000 p.a. and Z Rs.3,000 p.a. omitted and profit was distributed. After rectification Y will be credited/debited with:

A) 4000 (Dr.) 

B) Neither Debit nor Credit because Y's salary is not omitted

C) 6000 Cr. 

D) 6000 (Dr.)