question_answer

A, B and C are sharing profits in the ratio of 3:2:1. After the final accounts have been prepared, it was noticed that interest on drawings was omitted. Drawings of the partners during the year were Rs.5,000; Rs.3,800 and Rs.2,000. Interest on Drawings to be charged @ 10% p.a. While passing adjustment entry, A's Capital Account will be:

A) Debit by Rs.10

B) Credit by Rs.10

C) Debit by Rs.20

D) Credit by Rs.20