=+5. tNether and Wallop were equal partners and their Balance Sheet at 31st December, 1961, was as follows:

Creditors Current Accounts Nether Wallop Capital Accounts Nether WaUop 6,500 4,500 28,000 Balance at Bank Debtors Stock 11,000 Furniture &

Fixtures 50,000 Plant 50,000 100,000 Leasehold Factory

£

12,000 36,800 14,400 2,000 41,600 32,200

£139,000 63,200 75,800

£139,000