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By what amount should Sancho capital account change

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Question - Sancho, Lucas, Adam are partners with average capital balances during 2020 of P472,500, P238,650 and P162,350, respectively. The partners receive 10% interest on their average capital balances; after deducting salaries of P122,325 to Sancho and P82,625 to Adam, the residual profit or loss is divided equally. In 2020, the partnership had a net loss of P125,624 before the interest and salaries to partners. By what amount should Sancho's capital account change?

Reference no: EM132699670

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