Ester, Edna, Emma, Eva

Statement of Liquidation
30-Sep-14
Cash Other Assets A/R from Ester Loan
Eva
Profit & Loss Ratio
Balances before 50,000 950,000 62,500 37,500
Liquidation
Sales of assets and 500,000 -950,000
distribution of loss

Balances 550,000 62,500 37,500

Payment of Liabilities -450,000

Balances 100,000 62,500 37,500

Offset of receivable
against credit capital -62,500
balance of Ester

Balances 100,000 37,500

Offset of loan against the

debit balance in the -6,250
capital of Eva
Balances 100,000 31,250

Additional investment of 6,250

Emma

Balances 106,250 31,250

Additional loss to Ester

due to Edna's insolvency

Balances 106,250 31,250

Payment to Partner (or -106,250 -31,250

Ester)
va
on

Loan Liabilities Capital

Eva Ester Edna Emma Eva
4 2 1 1
37,500 450,000 381,250 93,750 50,000 50,000

-225,000 -112,500 -56,250 -56,250

37,500 450,000 156,250 -18,750 -6,250 -6,250

-450,000

37,500 156,250 -18,750 -6,250 -6,250

-62,500

37,500 93,750 -18,750 -6,250 -6,250

-6,250 6250

31,250 93,750 -18,750 -6,250 ---

6,250

31,250 93,750 -18,750 --- ---

-18,750 18,750

31,250 75,000 ---

-31,250 -75,000