To determine how the existing Profit and Loss Account (P&L A/c) will be shared among partners G, K, and B, we need to consider their profit-sharing ratio, which is 5:3:2.
When a partnership is dissolved, any remaining profits or losses in the P&L A/c are shared according to the agreed ratio.
This means that any remaining profits or losses will be divided in the same ratio as the profits were shared during the partnership.