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Statement of LLC liquidation Instructions Amount Descriptions Chart of Accounts Instructions any The members' equity prior to liquidation and asset realization on August 1 are
Statement of LLC liquidation Instructions Amount Descriptions Chart of Accounts Instructions any The members' equity prior to liquidation and asset realization on August 1 are Lester, Torres, and Hearst are members of Arcadia Sales, LLC, sharing income and losses in the ratio of 22:1, respectively. The members decide to liquidate the limited liability c as follows Lester 548 530 Torres 65 530 Het26 190 Total $140.450 In winding up operations during the month of August, cashe s with a book value of $140.060 are sold for 5152400, and a s of 24.270 are satisfied Prior to realization Arcadia Sales has a cash balance of S24660
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