Mannu and Shristi are partners in a firm sharing profits in the ratio of 3:2. Following information is of the firm as on 31st March, 2020:
Mannu's Capital : ₹ 3,00,000
Shristi's Capital : ₹ 1,00,000
Mannu's Drawings : ₹ 40,000
Shristi's Drawings : ₹ 20,000
Other Assets : ₹ 3,40,000
Profile for the year ended was ₹ 50,000 which was divided in the agreed ratio, but interest @ 5% p.a. on capital and @6% on drawings was inadvertently omitted. Adjust interest on drawings on an average basis for 6 months. Give the adjustment entry