I need help with this one

6. A Sole Proprietor and an Individual Partnership Sampaguita, the owner of a successful flower business, felt that it is time to expand operations. Sampaguita offered to form a partnership with Ilang-ilang, the owner of a nearby land and building. The partnership would be called Mabango Flower Shop. Ilang-ilang accepted Sampaguita's offer and the partnership is formed on November 1, 2014. Presented below is the trial balance for Sampaguita Flower Shop on October 31, 2014, just before the formation of the partnership: Credit Debit P45,500 420,600 P20,000 Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Prepaid Rent Store Equipment Accumulated Depreciation Notes Payable Accounts Payable Sampaguita, Capital Totals 202,500 5,850 78,000 19,500 69,000 101,100 542,850 P752.450 P 752.450 A a. The partners agreed to share profits and losses equally and decided to invest an equal amount in the partnership. Sampaguita and Ilang-ilang agreed that llang-ilang's land is worth P250,000 and his building P150,000. Ilang-ilang is to contribute cash in an amount sufficient to make his capital account balance equal to Sampaguita's. The two partners agreed on the following valuation of Sampaguita's assets: The realizable value of accounts receivable is P395,600. b. Inventory is to be increased by P13,500. The prepaid rent is for the warehouse used by Sampaguita. All merchandise will be transferred to Ilang-ilang's building. No refund will be received on the unused rent paid in advance. d. The store equipment has a fair market value of P60,000 All the other assets and liabilities are to be transferred at their book values. f. New sets of books will be used. C. e. Tasks: 1. 2. Prepare the adjusting journal entries in the books of Sampaguita. The adjusted Sampaguita, capital is P The additional cash to be invested by Ilang-ilang in the partnership is P 3