Vidhi, Manas and Ansh wera partners sharing profits and losses in the ratio of 2:3: 5. Ansh was given a guarantee that his share of profits in any given year would not be less than ₹1,20,000. Deficiency, if any, would be borne by Vidhi and Manas equally. Profits for the year ended 31st March, 2024 amounted to ₹2,00,000.

Pass necessary journal entries in the books of the firm for division of profits.