72. On 31st March, 2018, the balances in the Capital Accounts of Abhir, Bobby and Vineet, after making adjustments for profits and drawings were ₹8,00,000, ₹6,00,000 and ₹4,00,000 respectively.

Subsequently, it was discovered that interest on capital and interest on drawings had been omitted. The partners were entitled to interest on capital @ 10% p.a. and were to be charged interest on drawings @6% p.a.

The drawings during the year were: Abhir:  ₹20,000 drawn at the end of each month, Bobby: ₹50,000 drawn at the beginning of every half year and Vineet: ₹1,00,000 withdrawn on 31st October, 2017. The net profit for the year ended 31st March, 2018 was ₹1,50,000. The profit-sharing ratio was 2:2:1.

Pass necessary adjusting entry for the above adjustments in the books of the firm. Also, show your workings clearly.

(CBSE 2019)