I would like to know if every bounded linear functional $\varphi :A \to \mathbb{C}$ of a Banach-*-algebra $A$ is a linear combination of positive ones, i.e. of functionals $\varphi:A \to \mathbb{C}$ satisfying $\varphi(a^*a)\ge 0$. For $C^*$-algebras this comes from a theorem of Gelfand-Naimark, the Riesz-Markow representation theorem which identifies these functionals with complex Borel measure, as well as the Hahn-Jordan-decomposition of measures.
Otherwise, is there maybe such a result for functionals of the type $\varphi(a^*)=\overline{\varphi(a)}$?
Best regards, Dominik
The answer is no. If a Banach $^*$-algebra has two element $a$ and $b$ such that $a^*a=-b^*b\neq 0$, then every positive linear functional $\varphi $ on $A$ ncessarily vanishes on $a^*a$, and hence so will be the case for all linear combinations of positive linear functionals.
However, by Hahn-Banach there exists a continuous linear functional that does not vanish on $a^*a$.
I'll let you try to cook up a concrete such algebra but I'll be glad to help if necessary.
EDIT: Beware of the spoiler!!