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David and Mia are partners in a software company. Initial investments: David 500,000, Mia 450,000. Additional investments: David 50,000, Mia 30,000. The company had a
- David and Mia are partners in a software company.
- Initial investments: David ₹500,000, Mia ₹450,000.
- Additional investments: David ₹50,000, Mia ₹30,000.
- The company had a net loss of ₹40,000, shared as per initial capital ratios.
Partner | Initial Capital | Additional Investment | Net Loss Share | Ending Capital |
David | ₹500,000 | ₹50,000 | ? | ? |
Mia | ₹450,000 | ₹30,000 | ? | ? |
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
11th edition
1259535312, 978-1259535314
