Case 9-1 Xytech
Autor: zero_32491 • June 9, 2012 • Essay • 615 Words (3 Pages) • 1,796 Views
Submitted by Patrick R. Hariramani
Xytech Inc.
Statement of Partners' Equity
December 31, 2001
Able Baker Cabot Total
Capital, January 1 82,000.00 82,000.00 82,000.00 246,000.00
Transfer of Interest 41,000.00 (82,000.00) 41,000.00 -
Income of 2001 6,000.00 6,000.00 12,000.00
Capital, December 31 129,000.00 - 129,000.00 258,000.00
Xytech Inc.
Statement of Partners' Equity
December 31, 2004
Capital Stock Share Premium Retained Earnings Total
Capital, January 1 10,000.00 248,000.00 69,000.00 327,000.00
Additional Investment 10,000.00 765,000.00 775,000.00
Issue Cost (55,000.00) (55,000.00)
Net Income 68,000.00 68,000.00
Capital, December 31 20,000.00 958,000.00 137,000.00 1,115,000.00
Xytech Inc.
Statement of Partners' Equity
December 31, 2006
Capital Stock Share Premium
...