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Adam, Capital Marian, Capital

Adam Eve Total Assets


Cash 100,000 Fixed Asset
Machinery and Equipment 250,000 Prepaid Insurance
Land 400,000
Building 700,000 Liabilities and Equity
Total 1,450,000 Total Liabilities
Less:Mortgage Loan Payable 100,000 Unearned Revenues
Net Assets Contributed of Adam 1,350,000 Equity
Marian, Capital

Marie's, Capital
Van 350,000
Less: Chattel Mortgage 50,000
Net Assets Contributed of Marie 300,000

Capital Balance
Interest

Lenie, Withdrawal

Salary

Ratio
250,000
15,000
500
265,000

75,000
ned Revenues 10,000
C=A-L
180,500 C= 265,000-85,000
265,000 C=180,500

Lenie
120,000
10%
12,000
-12,000
0
60,000
60,000
90%
54,000

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