A B C WERE PARTNERS ION A FIRM . ON 1ST APRIL 2008 THE FIXED CAPITALS STOOD MAT RS 50 000, 25 000 AND 25 000 RESPECTIVELY. A S PER THE PROVISIONS OF THE PARTNERSHIP DEED.... B WAS ENTITLED TO A SALARY OF 5 000 P.A. ALL THE PARNERS WERE ENTITLED TO INTERSEST ON CAPITAL AT 5 %r.....PROFITS WERE TO BE SHRED IN THE RATIO OF CAPITALS...THE NET PROFIT FOR THE YEAR ENDED 31 ST MARCH 2009 OF RS 33 000 AND 31 ST MARCH 2010 OF 45 000 WAS DIVIDED EQUALLYY WITHOUT PROVIDING FOR THE ABOVE TERMS.. PASS AN ANJUSTEMENT ENTRYYY

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