RONGIM BENEDICT P.

GUADALUPE BABA1G

#1

CASH
PERCENTAGE
BALANCE BEFORE LIQUIDATION 25,000 475,000
SALES OF NON CASH ASSETS AND DISTRIBUTION OF LOSSES 260,000 -475,000
BALANCES 285,000
PAYMENT OF LIABILITIES TO OUTSIDERS -240,000
BALANCES 45,000
OFFSET
BALANCES 45,000
ADDITIONAL INVESTMENT BY DING AND GING 31,000
BALANCES 76,000
DEFICIENCY ABSORBED BY SOLVENT PARTNER 667
BALANCES 76,667
PAYMENT TO PARTNERS -76,667
TOTAL 0 0

#2
1
OTHER ASSETS 475,000
ACCOUNTS RECEIVABLE 75,000
INVENTORY 100,000
PLANT ANDEQUIPMENT 300,000

2
CASH 260,000
LOSS IN RELIZATION 215,000
SALE OF NON CASH ASSETS 475,000

3
CLING, CAPITAL 43,000
DING, CAPITAL 86,000
GING, CAPITAL 86,000
LOSS IN RELIZATION 215,000

4
LIABILITIES 240,000
CASH 240,000

5
DING, LOAN 30,000
DING, CAPITAL 30,000

6
CASH 31,000
DING, CAPITAL 6,000
GING, CAPITAL 25,000

7
CASH 667
CLING, CAPITAL 333
GING, CAPITAL 1,000

8
CEL, CAPITAL 76,667
CASH 76,667

#1
MYL PARTNERSHIP
STATEMENT OF LIQUIDATION
CASH
BALANCES BEFORE LIQUIDATION 63,000 380,500
SALE ON NON CASH ASSET & LOSS DISTRIBUTION 300,000 -380,500
BALANCES 363,000
PAYMENT OF LIABILITY -208,000
BALANCES 154,500
OFFSET
BALANCES 154,500
INVESTMENT OF M IN PAYMENTOF N/R 17,200
BALANCES 171,700
PAYMENT TO PARTNERS -171,000
TOTAL 0 0

Y, LOAN 40,000
L, LOAN 60,000
Y, CAPITAL 57,800
L, CAPITAL 13,900
CASH 171,700

#2 CASH OTHER ASSETS

RATIO
BALANCE BEFORE LIQUIDATION 63,000 380,500
SALE ON NON CASH ASSETS AND LOSS DISTRIBUTION 270,000 -380,500
BALANCES 333,000
PAYMENT OF LIABILITY -208,500
BALANCES 124,500
OFFSET
BALANCES 124,500
INVESTMENT OF M IN PAYMENT OF N/R 4,000
BALANCES 128,500
N/R DEFICIENCY OF M ABSORBED BY SOLVENT PARTNERS
BALANCES 128,500
OFFSET
BALANCES 128,500
PAYMENT TO PARTNERS -128,500
TOTAL 0 0

#3 CASH OTHER ASSETS

RATIO
BALANCES BEFORE LIQUIDATION 63,000 380,500
SALE OF NONCASH ASSETS AND LOSS DISTRIBUTION 270,000 -380,500
BALANCES 333,000
LIQUIDATION EXPENSE -24,875
BALANCES 308,125
OFFSET -208,500
BALANCES 99,625
OFFSET
BALANCES 99,625
N/R DIFICIENCY OF M ABSORBED BY SOLVENT PARTNERS
BALANCES 99,625
OFFSET
BALANCES 99,625
PAYMENT TO PARTNERS -99,625
TOTAL 0 0

Y, LOAN
L, LOAN
Y, CAPITAL
CASH
 04/13/2022

PART 1
CDG PARTNERSHIP STATEMENT OF LIQUIDATION
DECEMBER 31, 2001

DING, LOAN CLING, CAPITAL DING, CAPITAL GING, CAPITAL

20% 40% 40%
240,000 30,000 120,000 50,000 60,000
-43,000 -86,000 -86,000
240,000 30,000 77,000 -36,000 -26,000
-240,000
30,000 77,000 -36,000 -26,000
-30,000 30,000
77,000 6,000 -26,000
-6,000 25,000
77,000 -1,000
333 1,000
76,667
-76,667
0 0 0 0 0

#3
CLING
PERSONAL ASSETS 250,000
PERSONAL LIABILITIES -230,000
PERSONAL NET WORTH 20,000
CONTRIBUTION TO PARTNERSHIP LIQUIDATING DISTRIBUTION
76,667
NET WORTH, DECEMBER 2001 96,667
 PART2

MYL PARTNERSHIP
EMENT OF LIQUIDATION
OTHER ASSETS M, N/R LIABILITIES Y, LOAN OR A/P L, LOAN OR A/P M, CAPITAL
75,000 208,500 40,000 60,000 90,000
-32,200
75,000 208,500 40,000 60,000 57,800
-208,500
75,000 40,000 60,000 57,800
-57,800 -57,800
17,200 40,000 60,000
-17,200
40,000 60,000
-40,000 -60,000
0 0 0 0 0

M, N/R LIABILITIES Y, LOAN OR A/P L, LOAN OR A/P M, CAPITAL

2
75,000 208,500 40,000 60,000 90,000
-44,200
75,000 208,500 40,000 60,000 45,800
 -208,500
75,000 40,000 60,000 45,800
-45,800 -45,800
29,200 40,000 60,000
4,000
25,200 40,000 60,000
-25,200
40,000 60,000
-500
40,000 59,500
-40,000 -59,500
0 0 0 0 0

M, N/R LIABILITIES Y, N/P L, N/P M, CAPITAL

2
75,000 208,500 40,000 60,000 90,000
-44,200
75,000 208,500 40,000 60,000 45,800
-9,950
75,000 208,500 40,000 60,000 35,850
-35,850 -208,500
39,150 40,000 60,000 35,850
-39,150 35,850
40,000 60,000

40,000 60,000
-10,125
40,000 49,875
-40,000 -49,875
0 0 0 0 0

40,000
49,875
9,750
99,625
DING GING
300,000 350,000
-240,000 -325,000
60,000 25,000
-36,667 -25,000

23,333 0
Y, CAPITAL L, CAPITAL
90,000 30,000
-32,000 -16,100
57,800 13,900

57,800 13,900

57,800 13,900

57,800 13,900
-57,800 -13,900
0 0

Y, CAPITAL L, CAPITAL
2 1
90,000 30,000
-44,200 -22,210 Y, LOAN 40,000
45,800 7,900 L, LOAN 59,500
 Y, CAPITAL 29,000
45,800 7,900 CASH 128,500

45,800 7,900

45,800 7,900
-16,800 -8,400
29,000 -500
500
29,000
-29,000
0 0

Y, CAPITAL L, CAPITAL
2 1
90,000 30,000
-44,200 -22,100
45,800 7,900
-9,950 -4,975
35,850 2,925

35,850 2,925

35,850 2,925
-26,100 -13,050
9,750 -10,125
10,125
9,750
-9,750
0