n:                               Profit and Loss Appropriation Account                                   for the year ended March 31,2013  DR                                                                                                                     Cr  Particulars                                   Rs.        Particulars                                  Rs. To Profit transferred to :                          By Profit and Loss A/c            90,000 Pranshus's Capital A/c   30,000                      (Net Profit) Himanshu's Capital A/c 30,000Amin,' s Capital A/c       30,000    90,000                                                           90,000                                             90,000  Working Notes: 1: Calculation of NEW Profit Sharing Ratio Old ratio = 3:2 Let the TOTAL share of the firm be Re 1 Anshu is admitted for th share in profits Pranshu's New Share = x = Himanshu's New Share= x = Anshu's Share = or New Profit Sharing Ratio = 15 : 10 : 5 or 3:2:1  2: Distribution of Profit  Ansh's Share of Profit = 90,000 x  = 15,000 Deficiency of '15,000 in Anshu's share of profit will be borne by Pranshu Pranshu's Share of Profit = 90,000 x = 45,000 Pranshu's actual share of profit (after bearing deficiency)                                                = 30,000 (45,000 - 15,000)Himanshu's Share of Profit = 90,000 x = 30,000