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What should be the balance in Girl's capital account on Match 1, 2020? On March 1, 2020, Boy and Girl formed a partnership with each

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What should be the balance in Girl's capital account on Match 1, 2020?

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On March 1, 2020, Boy and Girl formed a partnership with each contributing the following assets: Boy Girl Cash P150,000 P350,000 Machinery and equipment 125,000 375,000 Building 1,125,000 Furniture and fixtures 50,000 The building is subject to mortgage loan of P400,000, which is to be assumed by the partnership as per agreement. Moreover, it was stipulated that Boy and Girl share profits and losses 30% and 70%, respectively. On March 1, 2020 the balance in Girl's capital account should be

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