What is the correct journal entry for the omission of interest on capital to partners through profit and loss adjustment A/c?

Profit and loss Adjustment A/c   Dr.
       To partner's Capital A/c
(Omission of interest is rectified)

The correct answer is option 3- 
Profit and loss Adjustment A/c   Dr.
       To partner's Capital A/c
(Omission of interest is rectified)

Sometimes, after the preparation of final accounts and the distribution of profits among the partners, certain errors or omissions in recording transactions or preparing summary statements may be discovered. These errors or omissions can include missing interest on capitals, interest on drawings, interest on partners' loans, partner's salary, partner's commission, outstanding expenses, or changes in partnership deed provisions or accounting systems with retrospective effects. To rectify the impact of these errors or omissions, necessary adjustments can be made either through the "Profit and Loss Adjustment Account" or by directly adjusting the capital accounts of the relevant partners.

When interest on capital was omitted and needs to be adjusted through the Profit and Loss Adjustment Account, the correct treatment is:

• The Profit and Loss Adjustment A/c is debited because the firm made an error in omitting an expense (interest on capital).

• The partner's Capital A/c is credited because the partner is now being given the interest they were originally entitled to.

So, the correct journal entry will be- 
Profit and Loss Adjustment A/c Dr.
  To Partner's Capital A/c
(Omission of interest is rectified)