Read the hypothetical text and answer the following questions .
A,B and C are partners in a firm sharing profits and losses in the ratio of 2:2:1. Their capitals(Fixed) are ₹ 1,00,000, ₹ 80,000 and ₹ 70,000 respectively. For the year 2018-19, interest on capital was to be credited to them @ 9% p.a. instead of 12%
1. What was the net amount should be credited to partner B?
a) ₹ 1,500
b) ₹ 2,400
c) ₹ 1,800
d) ₹1,200
2. What was the net amount should be credited to partner C?
a) ₹ 1,800
b) ₹ 2,000
c) ₹ 2,100
d) ₹ 1,700
3. What was the amount that debited to partner B?
a) ₹ 1,500
b) ₹ 2,000
c) ₹ 3,000
d) ₹ 4,000
4. What was the amount of past adjustment entry?
a) ₹ 400
b) ₹ 300
c) ₹ 600
d) ₹ 500