Trial balance for this

SEVERAL YEARS AGO, NORA AND PIP FORMED N& PRECORDS, A PARTNERSHIP. THE PARTNERSHIP AGREEMENT STATES THAT EACH PARTNER IS TO RECEIVE A SALARY ALLOWANCE OF P10,000 PER MONTH AND A 5% INTEREST ON BEGINNING CAPITAL BALANCES; ANY REMAINDER WILL BE DIVIDED IN THE RATIO OF 1:3, RESPECTIVELY. THE UNADJUSTED TRIAL BALANCE OF THE PARTNERSHIP ON DECEMBER 31, 2020 IS PRESENTED BELOW N&P RECORDS UNADJUSTED TRIAL BALANCE FOR THE YEAR ENDING DECEMBER 31, 2020 DEBIT CREDIT CASH P500.000 ACCOUNTS RECEIVABLE 300,000 INVENTORY, JAN.1 400,000 FURNITURE & FIXTURES 150,000 BUILDING (NET) 300,000 ACCOUNTS PAYABLE P250,000 NOTES PAYABLE 200,000 NORA, CAPITAL 750,000 PIP, CAPITAL 620,000 NORA, DRAWING 100,000 PIP. DRAWING 120,000 SALES 800,000 PURCHASES 600,000 OPERATING EXPENSES 150,000 TOTAL P2,620,000 P2,620,000 ADDITIONAL INFORMATION: 1, MERCHADISE INVENTORY DECEMBER 31, 200A, P500,000. 2. ACCRUED INTEREST ON NOTPE PAYABLE IS P4,000 3. ESTIMATED UNCOLLECTIBLE ACCOUNT IS 1% OF THE ACCOUNTS RECEIVABLE DEPRECIATION IS 20% PER FIXED ASSETS, Requirements: 1. Record the Adjustments Make an Adjusted trial Balance 3. Make an Income Statement 4. Make a Statement of Financial Position 5. Make a Statements of Partner's Equity 6. Make a Profit and Loss Statement