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Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio of 5 : 3 : 2. The partnership deed provides for charging interest on drawings @ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year ending March 31, 2015 amounted to 20,000, 15,000 and 10,000 respectively. After the final accounts have been prepared, it was discovered that interest on drawings has not been taken into consideration. In the adjusting entry:a)Sonu will be debited by 150, Himesh will be debited by 100 and Nusrat will be credited by 250.b)Nusrat will be debited by 120, Himesh will be debited by 150 and Sonu will be credited by 250.c)Sonu will be debited by 100, Himesh will be debited by 150 and Nusrat will be credited by 250.d)Himesh will be debited by 250, Sonu will be debited by 150 and Nusrat will be credited by 500.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Class 12 tests.