Manu, Sonu, and Rahul were partners in a firm sharing profits and losses in the ratio of \( 4 : 3 : 2 \). With effect from 1\textsuperscript{st April, 2023, they decided to share profits and losses in the future in the ratio of \( 3 : 2 : 1 \). Their Balance Sheet showed Workmen Compensation Reserve of ₹ 84,000. The claim on account of Workmen Compensation is estimated at ₹ 75,000. The journal entry to give effect to the above transaction will be:}
\includegraphics[width=0.5\linewidth]{Screenshot 2025-01-17 200658.jpg}
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