Summary Accounting Partnership Operation

CONTRIBUTED CAPI
CASH
MACHINE
INVENTORY
LAND
NOTES PAYABLE
MORTGAGE PAYABL
CONTRIBUTED CAPI
BONUS
BONUS METHOD IF EQUAL AGREED CAPITAL
ADDITIONAL INVESTMENT
ASSET REVALUATIO IF EQUAL AGREED CAPITAL

CONTRIBUTED CAPI
WITHDRAWAL
ASSET REVALUATIO 0.00 AGREED CAPITAL




CASH
MACHINE
INVENTORY
LAND
NOTES PAYABLE
MORTGAGE PAYABLE
A, CAPITAL

CASH
INVENTORY
B, CAPITAL

CASH
INVENTORY
C, CAPITAL

A, CAPITAL
B, CAPITAL
C, CAPITAL

, PARTNERSHIP OPERATION DISTRIBUTION OF PROFIT OR LOSS

1. AGREED P/L DISTRIBUTION
RATIO
CAPITAL BALANCES
ORIGINAL CAPITAL CONTRIBUTION
BEGINNING CAPITAL
ENDING CAPITAL
AVERAGE CAPITAL
SALARIES-MANAGING PARTNER
INTEREST- CAPITALIST PARTNERS
BONUS- MANAGING PARTNER

2. NO AGREEMENT
BASED ON LAW
PROFIT/LOSS
2. NO AGREEMENT CAPITAL CONTRIBUTIONS
PROFIT
CAPITALIST -ANY EXCESS SHALL BE DIVIDED ACCOR
PURE INDUSTRIAL -1ST TO RECEIVE HIS/HER SHARE
-JUST & EQUITABLE

2. NO AGREEMENT
LOSS
CAPITALIST -SHALL BE DIVIDED ACCORDING TO CC
PURE INDUSTRIAL -EXEMPTED FROM LOSS SHARING

THERE'S AGREEMENT ON PROFIT BUT NONE IN LOSS
LOSS
CAPITALIST -BASED PROFIT SHARING AGREEMENT
PURE INDUSTRIAL -EXEMPTED FROM LOSS SHARING

THERE'S AGREEMENT ON LOSS BUT NONE IN PROFIT
PROFIT
CAPITALIST -ANY EXCESS SHALL BE DIVIDED ACCOR
PURE INDUSTRIAL -1ST TO RECEIVE HIS/HER SHARE
-JUST & EQUITABLE




CAPITAL
DEBIT CREDIT
PERMANENT WITHDRAWAL INITIAL/ADDITIONAL INVESTMENT
CLOSING OF NET DEBIT DRAWING ACCOUCLOSING OF NET CREDIT DRAWING ACC