Q. Anil, Sunil and Sanjay have omitted interest on capitals for two years ended on 31st March 2016. Their fixed capitals on two years were Anil 8,00,000, Sunil 7,00,000, and Sanjay 3,00,000. Rate of interest on capital is 10% p.a. Their PSR were in the first year 4:3:2 and in second year 3:2:1.
Give necessary journal entries at the beginning of the next year.

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