Asha, Meenal and Reshmi were partners commencing a business in a remote area of West Bengal. Their aim was to develop the tribal communities by providing them with adequate health and education facilities.

On 31st March, 2018 after making the due adjustments for profits and drawings, their capitals were Asha: Rs. 8,00,000, Meenal: Rs. 6,00,000 and Reshmi: Rs. 4,00,000.

The drawings of the partners were Rs. 8,000 per month, Rs. 6,000 per month and Rs. 4,000 per month respectively.

The profit of the firm for the year ended 31st March, 2018 was Rs. 12,00,000.

Subsequently it was found that interest on capital @6% p.a. due had been omitted.

Showing clearly all the necessary working notes, pass the adjustment entry. Also identify any two values highlighted in the above question.