Dominic, the proprietor of Suds and Bubbles Laundry Shop invites Augustine to be a partner in his business. Accounts in the ledger of Dominic on August 1, 2023 just before the admission of Augustine show the following: Account Titles Debit Credit Cash P 215,000 Accounts Receivables 120,000 Allowance for Bad Debts P 6,060 Laundry Supplies 87,500 Furniture and Equipment 750,060 Accumulated Depreciation - Furniture and 168,750 Equipment Accounts payable 92,500