Can someone pls answer this question??

Dear Student,
 

Particulars	P	Q	R
Interest wrongly charged (12%)	24000	36000	36000
Interest wrongly charged (10%)	20000	30000	30000
Profit distributed in 2:5:3 (16000=4000+6000+6000)	3200	8000	4800
Difference	800 Dr.	2000 Cr.	1200 Dr.

Thus, the journal entry will be:

P's Capital A/c                                          Dr. R's Capital A/c                                          Dr.         To Q's Capital A/c (Being interest on capital excessive charged, now rectified.)

800 1200

2000

Regards