give the journal entries : Book of Julius enterprise ( now the partnership book) or the alternative journal entries

Julius Enterprises Statement of Financial Position As at June 30, 20xx Assets P 555,000 P150,000 5,000 Cash Accounts Receival le Less: Allow.fo Uncollectible Accounts Inventory Vehicles Less: Accumulated Depreciation Total Assets 145,000 2,000,000 500,000 100,000 400,000 P3.100.000 Liabilities and Capital Accounts Payable Julius Capital Total Liabilities and Capital P 300,000 2,800,000 P3.100.000 Conditions agreed upon before the formation of the partnership: a. The accounts receivable of Julius is estimated to be 80% realizable. b. Inventory in the amount of P40,000 is considered worthless. c. The accumulated depreciation of the vehicles shall be increased by P25,000 d. The accounts payable will be assumed by the partnership. e. Unpaid utilities in the amount of P10,000 shall be recognized