1) Preparation Of Balance Sheet of the Lone Pine Caf of November 2, 2005

Liabilities mo!nt ssets mo!nt

Capital Contrib!tions
Mr. Hendry Antoine $ 16,000 Equipment $ 53,200.00
Mrs. Hendry Antoine $ 16,000 Food And Braveraes $ 2,!00.00
Mrs. "andra #anders $ 16,000 $peratin #i%ense $ 1,&2!.00
Borro"in#s 'as( )eister *oo+ $ 1,&00.00
Ban+ ,oan $ 21,000 'as( $r Ban+ *a,an%e $ 10,1-2.00
$ %&,000 $ %&,000'00
2) Preparation Of Balance Sheet of the Lone Pine Caf of (arch )0, 200%
#ia*i,ities Amount Assets
Capital Contrib!tions
Mr. Hendry Antoine $ 16,000 Equipment
Mrs. Hendry Antoine $ 16,000 Equipment .epre%iation
Mrs. "andra #anders $ 16,000 Food And Braveraes
Borro"in#s $peratin #i%ense
Ban+ ,oan $ 1!,/00 'as( )eister *oo+
"upp,iers outstandin $ 1,5!3 'as(
Ban+
#oss durin t(e period 0Ba,an%in
Fiure1
$ %*,+*)
2es 34 t(e 4irm is disso,ve t(e a,, partnars (ave a ri(t to ta+e is part o4 s(are o4 equity *a%+ i4 not
4u,, *ut is part %an ta+e *e%ause in a%%ordin to partnar s(ip deed a,, partanrs (ave a ri(t to
%ompansate is part o4 s(are o4 equity i4 t(e 4irm disso,ve