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What amount should f capital account change

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Problem 1: F, G, and H are partners with average capital balances during 2020 of P 120,000, and P 60,000, and P 40,000, respectively. Partners receive 10 percent interest on their average capital balances. After deducting salaries of P 30,000 to F and P 20,000 to H, the remaining profit or loss is divided equally. In 2020, the partnership sustained a P 33,000 loss before interest and salaries to partners. By what amount should F's capital account change?

Reference no: EM132625249

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