1 JM KK Total

Capital 650,000.00 2,900,000.00 3,550,000.00

2 JM KK Total
Capital 650,000.00 3,700,000.00 4,350,000.00
Adjusted Capital 1,305,000.00 3,045,000.00
Cash Inv/withdrawal 655,000.00 (655,000.00)

3 X Y Z
Bldg 5,000,000.00 3,000,000.00 2,000,000.00

4 MM AA
Capital Beg 570,000.00 495,000.00
Machinery (15,000.00) (45,000.00)
Allow 20,000.00 (10,000.00)
Total 575,000.00 440,000.00
AA's Capital as basis (MM to invest) 0.40
Share eof MM 0.60
Adjusted Capital of mm 660,000.00
Capital of MM 575,000.00
Additional contribution 85,000.00

5 Z Capital 33,000.00
Allow (426.00)
invty 3,000.00
Accruals (1,200.00)
Total 34,374.00
Div by 2/3
Multiply by 1/3
Investment of A 17,187.00

6 A B C
Cash 100,000.00 160,000.00 50,000.00
NCA 50,000.00 120,000.00
Total 150,000.00 160,000.00 170,000.00

7 JJ KK LL
Cash 75,000.00
NCA 120,000.00 82,500.00
Liab (52,500.00)
Total 75,000.00 67,500.00 82,500.00 225,000.00

8 X Y
Capital beg 1,050,000.00 455,000.00
a
b (3,500.00) (10,000.00)
c 40,000.00
d (20,000.00) 15,000.00
 e (400.00)
Total 1,026,100.00 500,000.00 1,526,100.00

Capital of Y 500,000.00
div by 1/3
multiply by 2/3
Capital of X 1,000,000.00

Total Capital 1,500,000.00

Liab of X 250,000.00
Liab of Y 400,000.00
Accrued interest 400.00
Total assets 2,150,400.00

Capital of X 1,026,100.00
Div by 2/3
Total Capital 1,539,150.00 513,050.00 Capital of Y

Capital of Y 500,000.00
Div by 1/3
Total Capital 1,500,000.00

9 APRIL May
Capital 40,000.00 15,000.00
b (1,000.00) (3,000.00)
c (5,000.00) 2,500.00
d (10,000.00) (1,500.00)
e (1,125.00) (625.00)
Total 22,875.00 12,375.00 8,812.50