Journal 

Date 
Particulars 
L.F. 
Debit Amount (Rs) 
Credit Amount (Rs) 


General Reserve A/c 
Dr. 

2,50,000 


Profit and Loss A/c 
Dr. 

50,000 


To X’s Capital A/c 



2,00,000 

To Y’s Capital A/c 



1,00,000 

(Adjustment of balance in General Reserve A/c and P&L A/c in old ratio) 




Working Notes:
WN1 Calculation of Share of General Reserve & P&L A/c
$\mathrm{X}\text{'}\mathrm{s}\mathrm{share}=3,00,000\times \frac{2}{3}=2,00,000\phantom{\rule{0ex}{0ex}}\mathrm{Y}\text{'}\mathrm{s}\mathrm{share}=3,00,000\times \frac{1}{3}=1,00,000$