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The capital accounts of Choji and Sydney at the end of the 2020 are as follows: Choji Sydney January 1 balance P500,000 P 350,000 Investment

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The capital accounts of Choji and Sydney at the end of the 2020 are as follows: Choji Sydney January 1 balance P500,000 P 350,000 Investment March 28 100,000 June 26 50,000 Withdrawal June 30 50,000 Oct. 1 15,000 The partnership has a credit balance of P 230,000 in the income summary account

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