Q7 (Past Changes through Benefit and Misfortune Change A/c). An and B were two accomplices, sharing benefits and misfortunes in the proportion of 3 : 2. Their individual fixed capitals were Rs. 1,00,000 and Rs. 60,000 separately. Subsequent to shutting the records for the year 2009 it was found that premium on capital at the pace of 10% p.a. what's more, pay rates of Rs. 5,000 p.a. to every one of them was overlooked. It was chosen to make vital changes. Pass important diary sections to redress

these mistakes.