A, B and C who are presently sharing profits in the ratio of 5: 3: 2 decided to share future profits and losses in the ratio of 2: 3: 5. Give the Journal entry to distribute “workmen Compensation Reserve of Rs. 1,20,000 at the time of change in profit- sharing ratio, when:

• No other information is given.                                                                                      

There is no claim against it.