A B and C sharing profits in the ratio of 2 2 1 have fixed capitals of rs3 00 000 rs2 00 000 and rs1...........

A, B and C sharing profits in the ratio of 2 : 2 : 1 have fixed capitals of rs3,00,000, rs2,00,000 and rs1,00,000 respectively. After closing the accounts for the year ending 31st March 2019 it was discovered that interest on capitals was provided @ 12% instead of 10% p.a. In the adjusting entry :

Cr. A rs1,200; Dr. B rs800 and Dr. C rs400

Dr. A rs1,200; Cr. B rs800 and Cr. C rs400

Cr. A rs800; Cr. B rs400 and Dr. C rs1,200

Dr. A rs800; Dr. B rs400 and Cr. C rs1,200

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