Step 1: Total profit over 3 years =
₹ 1,15,000 + ₹ 1,24,000 + ₹ 2,11,000 = ₹ 4,50,000
Step 2: Old Ratio = 2:2:1 and New Ratio = 1:1:1
Distribute old:
\[
\text{Amish} = \frac{2}{5} \times 4,50,000 = ₹ 1,80,000
\text{Nitish} = ₹ 1,80,000
\text{Misha} = ₹ 90,000
\]
Distribute new:
\[
\text{Each} = \frac{1}{3} \times 4,50,000 = ₹ 1,50,000
\]
Now adjust:
\[
\text{Amish: Lose ₹ 30,000,\ Nitish: Lose ₹ 30,000,\ Misha: Gain ₹ 60,000}
\]
Journal Entry:
\[
\text{Amish’s Capital A/c Dr. ₹ 30,000}
\text{Nitish’s Capital A/c Dr. ₹ 30,000}
\text{To Misha’s Capital A/c ₹ 60,000}
\]