P and Q are partners sharing profits and losses in the ratio of 2:1 with capitals Rs. 1,00,000 and Rs. 80,000 respectively. The interest on capital has been provided to them @ 8% instead of 10%. In the adjustment entry, Q will be:
1
Debited by Rs. 400
2
Credited by Rs. 400
3
Debited by Rs. 1,600
4
Credited by Rs. 1,600