Please solve the question

Solution :-

Adjustment Table
Particulars A B C Total
Interest already credited @15% 2,25,000 4,50,000 9,00,000 15,75,000
Interest that should have been credited @ 10% 1,50,000 3,00,000 6,00,000 10,50,000
Partners over credited with (75,000) (1,50,000) (3,00,000) (5,25,000)
By recovering this interest profits will be increased by Rs. 5,25,000 & divided in 2:3:5 1,05,000 1,57,500 2,62,500 5,25,000
         
Net Effect 30,000(Cr.) 7,500(Cr.) 37,500(Dr.)  -

Journal Entry:-
S,No. Particulars L.F Debit Credit
1) C's Capital A/c   Dr.   37,500  
      To A's Capital A/c     30,000
      To B's Capital A/c     7,500
  (Being adjustment entry passed.)      

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